The price of sodium metabisulfite continued to rise this week (9.4-9.8)

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 continued to rise this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2550.00 yuan/ton, and the average price at the weekend was 2650.00 yuan/ton, with a weekly increase of 3.92%.

 

In late August, the prices of upstream raw materials such as soda ash and sulfur significantly increased, supported by a significant increase in raw material costs. In September, manufacturers once again raised the factory price of sodium metabisulfite, driving the domestic market price of sodium metabisulfite to continue to rise. This week, the domestic industrial grade sodium pyrosulfite market price range is 2700-2800 yuan/ton. The inventory of enterprises continues to be low, and the overall supply of sodium metabisulfite market is tight. Enterprises mainly 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 September 8th, the price of domestic soda ash continued to rise, rising by 2.39% during the month. The price of sulfur continued to rise, rising by 4.44% during the month. The continued increase in raw material costs will further support the market price of sodium metabisulfite in the future.

 

Future Market Forecast

 

Analysts from Business Society believe that under the dual support of cost and demand, the domestic market price of sodium metabisulfite will continue to be strong in the short term.

http://www.lubonchem.com/

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