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 weekly price of industrial grade sodium metabisulfite was 2683.33 yuan/ton, and the average weekend price was 2683.33 yuan/ton, indicating overall stability.
This week, the overall price of domestic soda ash remained stable and advanced, with sulfur prices slightly decreasing and raw material costs slightly fluctuating. The overall quotation of sodium metabisulfite manufacturers remained stable, and the domestic industrial grade sodium metabisulfite market price range for this week was 2600-2800 yuan/ton. The inventory of the enterprise is about 30%, mainly to 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 22, the price of domestic soda ash has increased by 5.46% during the month, while the price of sulfur has decreased by 3.55% during the month. The cost of raw materials has stabilized due to fluctuations, and the market price of sodium pyrosulfite in the future lacks momentum to continue to rise.
Future Market Forecast
Analysts from Business Society believe that cost fluctuations are stabilizing, and downstream trading entities are increasing their wait-and-see attitude. It is expected that in the short term, the domestic market price of sodium metabisulfite will remain at the current level and slightly consolidate.
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