sodium bicarbonate Pricing Assessment

  • Commodity Pricing

Markets Covered: 

cnChina
trTurkey
sgSingapore
thThailand
usUnited States
inIndia
krKorea
idIndonesia
auAustralia
zaSouth Africa
esSpain
beBelgium
caCanada
mxMexico

Sodium Bicarbonate Price Trend, Analysis and Forecast

In Q1 2024, the global Sodium Bicarbonate market experienced a moderate downward trend in key region China, USA, and India primarily due to weak demand from the food, pharmaceutical, and detergent industries. In China, the price of Food-Grade Sodium Bicarbonate (Purity >99%) averaged $263/MT, marking a 5.73% decline from the previous quarter. This drop was attributed to reduced demand in the food industry, caused by economic slowdowns, as well as lower export volumes to Europe and North America, where inflationary pressures affected bulk purchases. Additionally, the pharmaceutical sector showed limited growth, leading to decreased demand for Sodium Bicarbonate in antacids and medicinal formulations. 

In Q2 2024, Sodium Bicarbonate prices rose to $274/MT, marking a 4.18% increase from Q1. This price movement was influenced by rising production costs and temporary supply disruptions due to stricter environmental regulations in China. Despite the price increase, the market remained under pressure from excess supply in APAC, as China and India continued high production levels amid sluggish demand. Lower export demand from Europe and weak performance in the detergent sector further limited market growth, with manufacturers reducing bulk purchases due to economic uncertainty. However, steady demand from the water treatment and pharmaceutical sectors helped stabilize the market, preventing a sharper decline. 

By early Q3 2024, Sodium Bicarbonate prices in China showed signs of stabilization, reaching $274/MT in July. The market remained soft, but temporary price support came from rising production costs, driven by stricter environmental regulations in China, which led to temporary factory shutdowns. Additionally, stable pharmaceutical demand and a gradual recovery in exports to the Middle East and Africa provided slight relief. However, excess inventories and continued weak demand from food and detergent manufacturers kept the market under pressure. 

Looking ahead to Q4 2024, the Sodium Bicarbonate market is expected to remain volatile. A potential demand spike in the food industry during the holiday season might lead to short-term price increases, but overall market conditions will remain subdued due to unstable Soda Ash prices, tightening environmental regulations in China, and rising energy costs affecting production. Unless a significant demand recovery occurs in key sectors like detergents, food, and pharmaceuticals, prices are unlikely to experience sustained upward momentum. 

Why ?

is your trusted resource for tracking global benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence benzene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely Lactic Acid market data.

Track ‘s benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

is your trusted resource for tracking global sodium bicarbonate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the sodium bicarbonate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence sodium bicarbonate prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely sodium bicarbonate market data.

Track 's sodium bicarbonate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in sodium bicarbonate prices

  • Russia-Ukraine Conflict (2022-Present): The conflict affected global energy markets, raising the cost of production for Sodium Bicarbonate, particularly in Europe. This led to moderate price increases in several regions. 
  • Texas Winter Storm (2021): The storm disrupted natural soda ash production, a critical component for making Sodium Bicarbonate. This caused supply shortages and a temporary spike in prices. 
  • COVID-19 Pandemic (2020): Sodium Bicarbonate saw stable demand during the pandemic, as it is used in food, pharmaceuticals, and personal care products. Prices remained steady, although some supply chain disruptions caused minor fluctuations. 
  • U.S.-China Trade Tensions (2018-2019): The trade war had a limited direct impact on Sodium Bicarbonate but did create some disruptions in the supply of soda ash, the primary raw material, leading to occasional price shifts. 
  • Natural Soda Ash Supply Issues (2015-2024): Sodium Bicarbonate prices are closely tied to soda ash production. When soda ash production experienced slowdowns due to environmental regulations or natural disasters, Sodium Bicarbonate prices increased. 

These events underscore the Sodium Bicarbonate market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Methodology and Specifications

sodium bicarbonate Pricing Assessment Research Methodology

Data Collection and Sources

  • Real-Time Market Data: PriceWatch gathers real-time pricing data for Sodium Bicarbonate from a wide range of sources, including commodity exchanges, industry reports, and our proprietary databases. 
  • On-the-Ground Intelligence: Our team collects insights from producers, suppliers, and traders in key Sodium Bicarbonate production regions, helping us understand market dynamics at a local level. 
  • Supply Chain Monitoring: We track the Sodium Bicarbonate supply chain, particularly the availability of soda ash, the key raw material. This includes monitoring feedstock prices, production capacities, and logistics. 

Event Tracking and Impact Analysis

  • Geopolitical Tensions: PriceWatch monitors geopolitical events that impact the production and transportation of Sodium Bicarbonate, particularly in regions rich in soda ash reserves. 
  • Natural Disasters and Climate Events: Natural disasters like floods and droughts can disrupt soda ash production, affecting the overall supply of Sodium Bicarbonate. 
  • Environmental and Regulatory Factors: PriceWatch evaluates how regulatory changes aimed at reducing emissions affect the Sodium Bicarbonate industry, particularly in the environmental and pharmaceutical sectors. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of Sodium Bicarbonate production facilities, tracking operational status, maintenance, and output levels. 
  • Future Capacity Projections: Our research includes detailed forecasts of new Sodium Bicarbonate production capacities and expansions. 

Demand Forecasting

Sectoral Demand Analysis: PriceWatch analyzes demand for Sodium Bicarbonate across industries like food, pharmaceuticals, and environmental services, projecting future demand growth. 

Global Demand Dynamics: Our research includes regional demand variations and how they influence global Sodium Bicarbonate pricing, especially in sectors affected by changing environmental policies. 

Pricing Model Development

Dynamic Pricing Models: PriceWatch uses advanced models to forecast Sodium Bicarbonate prices, considering real-time data, historical trends, and market projections. 

Scenario Analysis: We provide scenario-based assessments to help clients prepare for potential market outcomes, including regulatory shifts or supply chain disruptions. 

Reporting and Client Support

Comprehensive Reports: Clients receive detailed reports on Sodium Bicarbonate pricing, future trends, and the key factors driving market changes. 

Ongoing Support: PriceWatch offers continuous updates and expert advice to help clients stay informed and make strategic decisions. 

This research methodology ensures that PriceWatch delivers accurate, timely, and actionable Sodium Bicarbonate pricing assessments, enabling our clients to stay ahead of market trends and make informed decisions in an ever-changing market. 

Specifications

Molecular Weight[g/mol]

84.01 g/mol

CAS No

144-55-8

HS Code

283630

Molecular Formula

NaHCO₃

sodium bicarbonate

Sodium Bicarbonate, commonly known as baking soda, is a white, odorless powder with a slightly salty taste, widely used across various industries. In the food industry, it acts as a leavening agent in baking, while in healthcare, it serves as an antacid for indigestion and is used in some medical treatments. It is also a key ingredient in cleaning products, water treatment, and fire extinguishers due to its ability to neutralize acids and regulate pH. Additionally, sodium bicarbonate is used in industrial applications such as chemical manufacturing, textiles, and detergents. Being non-toxic and eco-friendly, it is a safe and versatile compound with numerous everyday uses.

Packaging Type

HDPE Bags (50 Kgs) (Import-Export-Domestic)

Grades Covered

Food Grade (Purity: >99%), Technical Grade

Incoterms Used

FOB Shanghai, FOB Mersin, FOB Jurong, FOB Laem Chabang, FOB Houston, Ex Mumbai, CIF Mumbai, CIF Busan, CIF Jakarta, CIF Melbourne, CIF Cape Town, FD Barcelona, FD Antwerp, CIF Montreal, CIF Manzanillo

Synonym

Baking Soda, Sodium Hydrogen Carbonate

Quotation Terms:

25-30 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Test Parameter  Standard 
Appearance (Color)  White 
Appearance (Form)  Crystalline Powder 
Solubility (Turbidity) (5% hot aq. solution)  Clear 
Solubility (Color) (5% hot aq. solution)  Colorless 
Assay (Purity) (min.)  99% 
Chloride (Cl) (max.)  0.01% 
Sulphate (SO₄²) (max.)  0.01% 
Iron (Fe) (max.)  0.001% 
Heavy Metals (Pb) (max.)  0.001% 

Applications

Sodium Bicarbonate, commonly known as baking soda, has a wide range of applications across various industries. It is primarily used in baking as a leavening agent, helping dough rise. In healthcare, it serves as an antacid to relieve heartburn and indigestion. It is also widely used in cleaning products due to its ability to neutralize odors and remove stains. Additionally, Sodium Bicarbonate plays a key role in water treatment, firefighting, and certain industrial processes like textile and chemical manufacturing.

Disclaimer

Sodium Bicarbonate price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for sodium bicarbonate. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Request a Price Watch Demo

Frequently asked questions

What key factors affect sodium bicarbonate prices in the global market? +

Sodium bicarbonate prices are primarily influenced by factors such as raw material costs, including natural soda ash and carbon dioxide, energy prices, and labor costs. Demand from end-use industries, including food processing, pharmaceuticals, water treatment, and chemicals, also plays a significant role. Additionally, supply chain disruptions, trade policies, environmental regulations, and fluctuations in currency exchange rates can further impact pricing.

How does the availability of sodium bicarbonate impact pricing trends? +

The availability of sodium bicarbonate is crucial for pricing trends. Factors such as production capacity, regulatory policies, and transportation logistics can affect supply levels. When production is hindered by regulatory challenges or natural disasters, prices tend to rise due to limited availability. Conversely, an increase in production capabilities or the discovery of new reserves can lead to price reductions. Procurement heads should stay informed about market developments to navigate these fluctuations effectively.

What regional differences exist in sodium bicarbonate pricing, and how do they influence procurement decisions? +

Sodium bicarbonate prices can vary significantly across regions due to differences in production costs, transportation expenses, and local demand. For instance, regions with abundant natural soda ash resources, like the United States and China, may offer lower prices compared to areas reliant on imported sodium bicarbonate. Procurement teams should analyze regional market conditions and consider local sourcing options to optimize costs and ensure a stable supply chain. Adapting procurement strategies based on these regional insights can lead to more efficient purchasing decisions.

Price Watch Login