Price trend chart of sodium pyrosulfite in China

According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite continued to be weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2233.33 yuan/ton, and the average price at the weekend was 2216.67 yuan/ton, with a decrease of 0.75% during the week.

Entering November, the prices of upstream raw materials continued to decline, and under the low cost system, the domestic industrial grade sodium metabisulfite market price fell again this week, overall falling to the range of 2100-2300 yuan/ton. The inventory of enterprises is relatively sufficient, and the overall supply of sodium metabisulfite market is stable. 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 November 10th, domestic soda ash prices have continued to decline, falling by 16.26% during the month, while sulfur prices have slightly rebounded, rising by 2.83% during the month. Overall, the overall cost of raw materials has once again declined, and the continued decline in costs will further suppress the market price of sodium metabisulfite in the future.

Future Market Forecast

Analysts from Business Society believe that raw material costs are fluctuating and declining, and the domestic market price of sodium metabisulfite will continue to be under pressure in the short term.