Price trend chart of sodium pyrosulfite in China
Sodium Molybdate |
According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite remained stable and advanced this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1933.33 yuan/ton, and the average price at the weekend was 1933.33 yuan/ton, indicating overall stability and progress.
Supported by a slight rebound in raw material costs, the overall domestic market price of sodium metabisulfite remained stable and advanced this week. The domestic industrial grade sodium metabisulfite market price range this week was 1900 to 2300 yuan/ton, with most prices concentrated around 1900 to 2000 yuan/ton. The inventory of enterprises is relatively low, mainly to complete 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 August 11th, domestic soda ash prices have continued to rise, rising 3.01% within the month. Sulfur prices have rebounded significantly, rising 14.06% within the month. The continued rise in raw material costs will further support the domestic sodium metabisulfite market prices in the future.
Future Market Forecast
Analysts from Business Society believe that, supported by the continuous rise in raw material costs, there is still some room for a rebound in the domestic market price of sodium metabisulfite in the short term.
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