1、 Price trend of domestic sodium pyrosulfite
| Chitosan oligosaccharide |
According to the monitoring of business society, the price of domestic sodium pyrosulfite continued to rise in August. The average price of industrial grade sodium pyrosulfite was 2266.67 yuan / ton on August 1 and 2483.33 yuan / ton on August 31, with a sharp increase of 9.56% in the month.
2、 Market analysis
Affected by the continuous rise in the cost and price of upstream raw materials, domestic sodium metabisulfite manufacturers successively raised the ex factory price in August. At the same time, some manufacturers stopped maintenance, resulting in the continuous decline of domestic sodium metabisulfite inventory, the rigid demand in the downstream, and the overall tight supply in the sodium metabisulfite market, which helped to push the domestic sodium metabisulfite market price higher in August, with an increase of 9.56% in the month.
| Sodium Molybdate |
In August, the high price of domestic soda ash rose by 8.19%, and the price of sulfur rose by 16.6%. The cost will further support the future market price of sodium pyrosulfite.
3、 Future forecast
Business analysts believe that with the support of cost and demand, the domestic market price of sodium pyrosulfite is expected to continue to be strong in September.
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