I. Price Trend Chart of Sodium Pyrosulfite in China
According to the monitoring of business associations, the price of sodium pyrosulfite in China was slightly weak this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1900 yuan/ton, and the average price at the end of the week was 1883.33 yuan/ton, down 0.88%.
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II. Market Analysis
Product: This week, the overall performance of the sodium pyrosulfite market remains unchanged. The main market price range of industrial grade sodium pyrosulfite is between 1800 and 2000 yuan/ton, and most of the prices are around 1900 yuan/ton. Traditional off-season makes domestic pyrosulfite inventory relatively abundant. Enterprises continue to focus on fulfilling the orders of old customers. The market turnover atmosphere is general, and the overall market continues to maintain fast-moving and fast-moving market. This week, some domestic manufacturers again slightly reduced their ex-factory prices, which led to a slight decline in domestic market prices of sodium pyrosulfite again this week. (The above prices refer to the foreign quotations of the mainstream domestic enterprises, some of which are not reported for the time being. The prices are for reference only. They have nothing to do with the final pricing of the manufacturers. For details, please contact the manufacturers for consultation.
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Industry chain: This week, domestic prices of sulphur and soda are relatively stable. Upstream raw material prices continue to operate at the bottom. Under the pressure of cost, the market price of sodium pyrosulfite is warming and pressurized.
3. Future Market Forecast
Business analysts believe that low raw material costs are suppressed, downstream demand remains weak, and the domestic market price of sodium pyrosulfite is expected to continue to operate slightly weaker in the short term.
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