Price trend chart of sodium pyrosulfite in China

According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite has slightly rebounded this week. The average price of industrial grade sodium metabisulfite at the beginning of the week is 2216.67 yuan/ton, and the average price at the weekend is 2266.67 yuan/ton, with a weekly increase of 2.26%.

Supported by the rebound in raw material prices, some enterprises have raised the factory price of sodium metabisulfite this week, driving the domestic industrial grade sodium metabisulfite market price to rebound to the range of 2100-2400 yuan/ton, with most prices concentrated around 2200-2300 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 November 17th, domestic soda ash prices have bottomed out and rebounded, with an overall decline of 12.6% during the month. Sulfur prices have continued to rise, with an increase of 8.48% during the month. The rebound in raw material costs will provide some support for the future market price of sodium metabisulfite.

Future Market Forecast

Analysts from the Business Society believe that the cost of raw materials has stopped falling and rebounded, and downstream trading entities have increased their willingness to stock up. With the support of costs and demand, there is still some room for a rebound in the domestic market price of sodium metabisulfite in the short term.