Price trend chart of sodium pyrosulfite in China
| Benzalkonium chloride |
According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite continued to decline in May. The average price of industrial grade sodium metabisulfite on May 1st was 2350.00 yuan/ton, and on May 29th it was 2250.00 yuan/ton, a decrease of 4.26% during the month.
In April, the price of domestic soda ash fell by 3.99%, while the price of sulfur significantly decreased by 32.55%. The upstream raw material cost continued to decline weakly, and the cost continued to decline. The downstream trading entities had a strong wait-and-see attitude, and the overall procurement was relatively cautious. In May, manufacturers successively lowered the ex factory price of sodium metabisulfite, driving the overall weak downward trend of the domestic market price of sodium metabisulfite.
As of May 29, the price of domestic soda ash had dropped significantly by 16.6% in the month, and the price of sulfur had rebounded from the bottom, with an overall increase of 8.33% in the month. On the whole, the cost of upstream raw materials of sodium metabisulfite was still at a low level, and the continued decline of the cost would further suppress the price of domestic sodium metabisulfite market in the future.
| Sodium Molybdate |
At present, the inventory of domestic sodium metabisulfite manufacturers is about 30%. In addition, the current domestic market price of sodium metabisulfite is at a lower level than that in previous years, the low processing profit of enterprises and the relatively low inventory of sodium metabisulfite market price play a certain role in supporting the bottom.
Analysts from the business community believe that the price of upstream raw materials continues to decline in a weak way, and the cost continues to fall under the low pressure system. It is expected that the domestic sodium metabisulfite market price will still have some room to fall in June. Supported by the relatively low inventory of enterprises, the overall decline of the sodium metabisulfite market price in June is limited.
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