Price trend chart of sodium pyrosulfite in China
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According to the Commodity Market Analysis System of Business Society, the domestic sodium metabisulfite price has slightly strengthened this week. The average price of industrial grade sodium metabisulfite at the beginning of the week is 2650.00 yuan/ton, and the average price at the weekend is 2683.33 yuan/ton, with a weekly increase of 1.26%.
In mid September, the prices of upstream raw materials for sodium metabisulfite have fluctuated, and the overall increase in raw material costs has slowed down. This week, the domestic market price for sodium metabisulfite has remained stable and relatively strong, with a price range of 2600-2800 yuan/ton for industrial grade sodium metabisulfite this week, with most prices concentrated around 2750-2800 yuan/ton. Enterprises mainly complete old customer orders. (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 15th, the price of domestic soda ash has increased by 4.44% during the month, while the price of sulfur has slightly decreased, with a decrease of 3.25% during the month. Upstream raw material prices have fluctuated, and the overall trend of raw material cost increase has stabilized.
Future Market Forecast
Analysts from Business Society believe that the rise in raw material costs has slowed down, and downstream trading entities have increased their wait-and-see attitude. It is expected that the domestic sodium metabisulfite market price will continue to rise in the short term without sufficient momentum.
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