Price trend chart of sodium pyrosulfite in China

According to the Commodity Market Analysis System of Business Society, the overall price of domestic sodium metabisulfite was weak and downward this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2350.00 yuan/ton, and the average price at the weekend was 2283.33 yuan/ton, with a decrease of 2.84% during the week.

In April, the price of domestic soda ash dropped by 3.99%, the price of sulfur dropped by 32.5%, and the cost of raw materials fell significantly under the low pressure system. In May, domestic sodium metabisulfite manufacturers successively lowered the ex factory price of sodium metabisulfite, driving down the weak price of domestic sodium metabisulfite market this week. This week, the overall price of sodium pyrosulfite is in the range of 2200-2500 yuan/ton, with most prices around 2200-2300 yuan/ton. Downstream trading entities have a strong wait-and-see attitude, with enterprises mainly completing orders from old customers. (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 May 5, the price of domestic soda ash continued to be weak, falling 1.51% within the week, and the price of sulfur rebounded from the bottom, rising 6.02% within the week. In general, the cost of upstream raw materials of sodium metabisulfite is still at a low position, which will 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 has declined in a volatile way, and it is expected that the domestic market price of sodium metabisulfite will still have some room to fall in the short term.

According to the Commodity Market Analysis System of Business Society, the domestic sodium metabisulfite price continued to decline in April, with an average price of 2416.67 yuan/ton for industrial grade sodium metabisulfite on April 1st and 2350.00 yuan/ton on April 28th, a decrease of 2.76% during the month.

In April, affected by the sharp drop in the price of upstream raw materials, the enterprise slightly lowered the ex factory price of sodium metabisulfite, driving the price of domestic sodium metabisulfite market to fall slightly. With the continuous decline in the price of upstream raw materials, the overall purchase and sales of sodium metabisulfite downstream are cautious, and the cost and demand are suppressed, the manufacturers have reduced the ex factory price one after another. The domestic market price of sodium metabisulfite continues to be weak for months.

In April, the price of domestic soda ash dropped by 3.99%, the price of domestic sulfur dropped by 23.50%, and the cost of raw materials dropped significantly, which will further suppress the price of domestic sodium metabisulfite market in the future.

Future Market Forecast

Analysts from the business community believe that the cost of raw materials continues to decline, and downstream trade entities have a strong wait-and-see attitude. It is expected that the domestic sodium metabisulfite market price will continue to fall under pressure in May.