1、 Domestic sodium pyrosulfite price trend chart
According to the monitoring of business agency, the price of domestic sodium pyrosulfite hit the bottom this week and rebounded slightly. The average price of industrial sodium pyrosulfite at the beginning of the week was 1383.33 yuan / ton, and the average price at the weekend was 1400.00 yuan / ton, a slight increase of 1.21%.
2、 Market analysis
In July, the upstream raw material cost of sodium metabisulfite rebounded slightly. The rise of raw material cost supported the domestic market price of sodium metabisulfite. In August, some enterprises raised the factory price slightly, driving the domestic sodium pyrosulfite market price to touch the bottom and rise slightly, up 1.21% compared with the previous month. This week, the market price range of industrial grade sodium pyrosulfite is 1300-1500 yuan / ton, most of the prices are around 1400 yuan / T. the overall purchase and sales of the market are relatively cautious, just need support, and most of them are used as soon as they are purchased. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).
This week, the domestic sulfur price rose by 9.38%, soda ash price moved forward steadily, and the raw material cost of sodium metabisulfite continued to rise, which will further support the market price of sodium pyrosulfite in the future market.
3、 Future forecast
Analysts from the business agency believe that the rise in raw material costs supports a slight rise in the market price of sodium metabisulfite. Generally speaking, the domestic sodium metabisulfite market is still in the situation of strong supply and weak demand. The overall price recovery space of sodium metabisulfite market is insufficient, and the overall market will continue to operate at the bottom.
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