The price of sodium pyrosulfite is relatively weak (4.10-4.14)

Price trend chart of sodium pyrosulfite in China

 

Thiourea

According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite was relatively weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2383.33 yuan/ton, and the average price at the weekend was 2366.67 yuan/ton, with a decrease of 0.70% during the week.

 

The overall market situation of the domestic metabisulfite market this week was average. Pressed by the continuous decline in the cost of upstream raw materials, some manufacturers slightly lowered the ex factory price, driving the domestic market price of sodium metabisulfite to continue weak operation. This week, the market price range of industrial sodium metabisulfite was 2300-2500 yuan/ton. The inventory of the enterprise is about 30%, and the company mainly completes orders from old customers, with limited increase in new orders. (The above prices refer to external quotations from mainstream domestic enterprises, and some enterprises that have not been quoted are temporarily excluded from their scope. The prices are for reference only and are not related to the manufacturer’s final pricing. For more information, please contact each manufacturer for consultation.).

 

As of April 14, the price of domestic soda ash fell 2.17% in the month, and the price of sulfur fell 11.88% in the month. The cost of upstream raw materials rose and fell back. The continuous decline of cost will further suppress the market price of sodium metabisulfite in the future.

 

Future Market Forecast

 

Analysts from the business community believe that the cost of raw materials continues to fall under the low pressure system, and it is expected that the domestic market price of sodium metabisulfite will still have some downward space in the short term.

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