I. Price Trend Chart of Sodium Pyrosulfite in China
According to the monitoring of business associations, the domestic price of sodium pyrosulfite continued to run at the bottom this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1816.67 yuan/ton, and the average price at the end of the week was 1816.67 yuan/ton, with an increase of 0.
II. Market Analysis
Product: This week, the overall performance of sodium pyrosulfite market is still low. The price range of industrial sodium pyrosulfite market is 1700-1900 yuan/ton. Most of the prices are concentrated in the vicinity of 1750-1800 yuan/ton. The raw material cost has been suppressed at a low level, and the upstream and downstream trade entities are cautious in buying and selling. In order to ensure that shipments continue to lower the market price of sodium pyrosulfite, the domestic market price of sodium pyrosulfite continued to run at a low level this week. Affected by high temperature and continuous shrinkage of processing profits, some manufacturers have entered the state of shutdown and maintenance. Enterprises mainly complete orders from old customers, and the market atmosphere is general. (The above prices refer to the foreign quotations of the mainstream domestic enterprises, some of which are not reported for the time being. The prices are for reference only. They have nothing to do with the final pricing of the manufacturers. For details, please contact the manufacturers for consultation.
Industry chain: Sodium pyrosulfite upstream soda price bottom operation this week, the overall price of sulphur continued to fall by 2.47%, raw material costs continued to suppress, in the short term, Sodium pyrosulfite market prices warmed and pressured.
3. Future Market Forecast
Business analysts believe that sodium pyrosulfite market is difficult to improve in the short term due to the continuous suppression of raw material costs, the shrinking of processing profits and the continuing slump in terminal demand.