Global Sodium Bicarbonate markets were under strong bearish pressure during May xxxx with all key producing areas reporting straight weekly price falls that indicate a fundamental change in market dynamics. It represents broader industrial slowing and oversupply conditions that continue to redefine the chemical commodity landscape.
Chinese Sodium Bicarbonate prices showed the strongest decline, from USD xxx/MT to USD xxx/MT FOB Shanghai in a period of three consecutive weeks. The x.xxx total decline indicates ongoing market oversupply as producers operated at consistent production volumes while experiencing reduced demand across major segments. Soda ash prices, the main raw material used to produce Sodium Bicarbonate, stabilized but displayed downward tendencies that aligned with the prevailing bearish trends.
Thailand&#xx;s Sodium Bicarbonate market also felt similar pressures, with prices falling by USD xx/MT FOB Laem Chabang. The x.xxx decrease came even as logistics remained...
