1、 Price trend of sodium pyrosulfite in China
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According to the monitoring of the business association, the domestic sodium metabisulfite price in this week overall maintained the bottom operation. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1526.67 yuan / ton, and the average price at the end of the week was 1526.67 yuan / ton, up or down 0.
2、 Market analysis
This week, the trading situation of sodium pyrosulfite market is still bleak, and the market price range of industrial grade sodium pyrosulfite is 1300-1600 yuan / ton. The prices of raw materials in the upstream market remain low, and the downstream trade entities have a strong wait-and-see attitude. The domestic sodium metabisulfite inventory keeps overstocking and the supply and demand are weak, which causes the enterprises to continuously reduce their foreign quotations, and the domestic sodium metabisulfite market price continues to operate at a weak bottom. There is no change in the external quotation of the enterprise this week. According to the understanding of the business agency, the actual transaction price is lower than the external quotation. (the above prices refer to the foreign quotations of domestic mainstream enterprises, some of which are temporarily out of their scope, and the prices are only for reference, not related to the final pricing of the manufacturer. For details, please contact each manufacturer for consultation).
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This week, the domestic soda price fell by 1.32% again, the bottom of sulfur price rose by 11.38%, and the processing cost of sodium metabisulfite rose, which will support the market price of sodium metabisulfite in the future.
3、 Future forecast
Business analysts believe that strong supply and weak demand, the domestic market price of sodium pyrosulfite in the future will continue to run at a weak bottom.
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