Price trend of domestic Sodium metabisulfite
| Benzalkonium chloride |
According to the commodity market analysis system of the business community, the price of Sodium metabisulfite in China dropped sharply in June. The average price of industrial Sodium metabisulfite was 2250.00 yuan/ton on June 1, 1966.67 yuan/ton on April 29, a sharp drop of 12.59% in the month.
In May, the price of domestic soda ash dropped sharply by 20%, the price of sulfur continued to fluctuate at a low level, and the price of upstream raw materials fell significantly under the low pressure system. In June, Sodium metabisulfite manufacturers reduced their ex factory prices one after another, driving the price of domestic Sodium metabisulfite market to drop significantly. In June, the upstream raw material price continued to be weak, and the cost continued to fall under the low pressure system. The domestic sodium metabisulfite market price continued to be weak and downward, and fell to around 1900-2200 yuan/ton at the end of the month, with a decline of 12.59% in the month. Market prices have significantly declined, downstream trading entities have a strong wait-and-see attitude, and the overall increase in new orders in the industry is limited. Enterprises mainly focus on completing old customer orders.
| Sodium Molybdate |
As of June 29, the price of domestic soda ash fell by 5.77% in the month, and the price of sulfur fell by 11.93% in the month. The continued weak price of raw materials will further suppress the future market price of Sodium metabisulfite.
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, which is full of bad news. In July, the domestic market price of Sodium metabisulfite will continue to operate under pressure.
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