Sodium Bicarbonate Prices, Price, Pricing, Demand | ChemAnalyst

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Sodium Bicarbonate Prices Overview
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Market Overview For the Quarter Ending March
2021   North America   Sodium Bicarbonate demand
maintained an overall stability throughout the
quarter across North America. The demand side was
majorly driven by food, pharmaceutical and animal
feed segment, while other segments like water
treatment, Industrial chemicals remained
comparatively low performing in the region. Get
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Sodium Bicarbonate Prices Overview
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However, in the midst of stable demand, the
supply remained limited across the region, which
was due to the limited availability of raw
materials like Ammonia and weather-related
constraints. Freezing fallout in USA curtailed
the production activity across several downstream
sectors that reduced the availability pf the key
raw materials. Asia   The Asian market
demonstrated mixed sentiments for Sodium
Bicarbonate in Q1, with demand largely varying
country over country. However, the overall demand
for the Asian market remained stable with prices
fluctuating in limited range. In China, the price
of Sodium Bicarbonate depicted an overall
downward trajectory, backed by stable demand with
abundant availability reported across the
country. While in India, prices fell during
February which later resumed strength in March.
The reason behind this was improved production
activities in the midst of modest demand. The
prices of Sodium Bicarbonate hovered around USD
300/MT and USD 261.8/MT in China and India
respectively during the month of
February.   Europe   The European market
experienced stability in demand for Sodium
Bicarbonate during Q1 2021, bolstered by steadily
improving economy post recovery from pandemic
during March. Raw material availability remained
a matter of concern in the region with several
reasons, like curtailed transportation activity
after unfavourable weather scenario reduced
imports from USA and critical shortage of
shipping containers exacerbated the tightness in
overseas supply. However, demand from the
downstream segments like animal feed and
pharmaceutical sector maintained stability, which
primarily supported the overall market in this
quarter.  
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Sodium Bicarbonate Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Sodium Bicarbonate manufacturers, spread
across the domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market.   Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Sodium Bicarbonate market.
The team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global Sodium
Bicarbonate market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis.   Finally, region-specific markets for
Sodium Bicarbonate are analyzed and region-wise
demand pattern is tracked.
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Sodium Bicarbonate Prices Overview
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• About
• Sodium Bicarbonate is commonly known as Baking
  Soda, with supreme replacement and alkalizing
  properties. The compound is a monosodium salt of
  carbonic acid which is a crystalline white solid.
  It is a rich source of carbon dioxide and is thus
  widely used as a vital ingredient in cakes, quick
  breads and soda bread and other fried and baked
  foods. It is also utilized as a dry chemical
  agent. Another prime use of Sodium Bicarbonate is
  in the medical sector, as sodium bicarbonate when
  get mixed with water can be used as an antacid to
  treat acid indigestion and heartburn. Besides, it
  is also used for removing paint and corrosion
  known as soda blasting. Commercially, Sodium
  Bicarbonate is produced by Solvay process where
  ammonia, sodium chloride and carbon dioxide is
  reacted with water.
• Product Specific Details
•  
• CAS No. 144-55-8 HS Code 28363000 Packaging
  Size 25kg bags Incoterms CFR, FOB, Ex-Works,
  Bulk Contracted, Spot
•  
• Countries Covered
•  
• APAC  China, Japan, India, South Korea,
  Singapore
• Europe  Germany, France, Belgium
• America  USA, Brazil
• MEA  Saudi Arabia, UAE, South Africa

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Sodium Bicarbonate Prices Overview
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