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Article: Volatile sodium bicarbonate prices may stabilize with raw materials this year.
- Article from:
- Purchasing
- Article date:
- February 12, 2009
- Author:
CopyrightCOPYRIGHT 2009 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Gordon Graff
The soaring raw materials and energy costs that led to inflationary pressures on sodium bicarbonate in 2008 have begun to ease up. While no one is predicting that bicarbonate prices will drop significantly any time soon, current conditions suggest that the next year could be an era of relative price stability for this chemical.
The latest round of price increases by U.S. bicarbonate producers occurred during the fourth quarter of 2008 and amounted to $40-60/ton, depending on the product grades and plants of origin. That represents a rise of 8-12%, based on the selling prices reported by Purchasingdata.com (see chart).
Sodium ...