I. Price Trend Chart of Sodium Pyrosulfite in China
According to the monitoring of business associations, the price of sodium pyrosulfite in China has been steadily advancing this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week is 1816.67 yuan/ton, and the average price at the end of the week is 1816.67 yuan/ton, up or down by 0%.
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II. Market Analysis
Product: After National Day, the overall demand of domestic sodium pyrosulfite market is still tepid. The price range of industrial sodium pyrosulfite market is 1700-1950 yuan/ton, and most of the prices are concentrated in the vicinity of 1800-1850 yuan/ton. Supported by a small rebound in raw material costs, a small number of enterprises raised their external quotations after the festival. Influenced by the current sufficient domestic sodium metabisulfite inventory, the mainstream transaction price has not yet been adjusted, and enterprises mainly complete old orders. (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.
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Industry chain: Soda price has been steadily moving forward this week, and sulfur price has risen by 8.05%. The recovery of raw material cost will support the market price of sodium pyrosulfite in the future.
3. Future Market Forecast
Business analysts believe that a small rebound in raw material costs will support the domestic market price of sodium pyrosulfite, and the market price of sodium pyrosulfite in the future is expected to stop falling and recover.
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