1、 Price trend of sodium pyrosulfite in China
According to the monitoring of the business association, the price of domestic sodium pyrosulfite fell again this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1760.00 yuan / ton, and the average price at the end of the week was 1693.33 yuan / ton, down 3.79% overall.
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2、 Market analysis
Product: after new year’s day, the domestic sodium pyrosulfite market is still in a downturn as a whole. The market price range of industrial grade sodium pyrosulfite is 1600-1850 yuan / ton, and most of the prices are concentrated around 1700 yuan / ton. As the Spring Festival approaches, most enterprises focus on completing orders from old customers, and the increase of new orders is limited. The market transaction atmosphere is general, and the downstream procurement is more cautious, most of which are used with purchase. (the above prices refer to the foreign quotations of domestic mainstream enterprises, some of which are temporarily excluded from the scope. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. For details, please contact each manufacturer for consultation).
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Industrial chain: after new year’s day, the price of soda ash in the upper reaches continued to fall by 1.06%. The bottom of sulfur price moved forward steadily, the cost of raw materials continued to be weak, and under the pressure of cost, the market price of sodium metabisulfite recovered.
3、 Future forecast
Business analysts believe that the cost of raw materials continues to be weak, downstream procurement continues to be cautious, enterprise quotations continue to decline, and the domestic market price of sodium pyrosulfite is difficult to touch the bottom and recover in the short term.
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