I. price trend of sodium pyrosulfite in China
| Sodium Molybdate |
According to the monitoring of the business association, the domestic price of sodium pyrosulfite continued to move forward steadily this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1816.67 yuan / ton, and the average price at the end of the week was 1816.67 yuan / ton, up or down by 0.
II. Market analysis
Product: the overall market performance of sodium metabisulfite this week is average. The market price range of industrial grade sodium metabisulfite is 1700-1950 yuan / ton, and most of the prices are around 1800-1850 yuan / ton. At present, the domestic sodium metabisulfite market is relatively abundant in stock, and the downstream trade entities still have a strong wait-and-see attitude. Enterprises mainly complete orders from old customers, with limited new orders and fast in and out. (the above prices refer to the foreign quotations of domestic mainstream enterprises, some of which are temporarily excluded from the scope. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. For details, please contact each manufacturer for consultation).
| Gamma-PGA (gamma polyglutamic acid) |
Industry chain: this week, the upstream soda price slightly increased by 1.52%, and the sulfur price increased by 5.32%. The slight recovery of raw material cost will support the market price of sodium metabisulfite in the future.
III. future forecast
Business analysts believe that the raw material cost support is getting stronger and individual enterprises’ quotation is increased, but most enterprises maintain the price unchanged. The market of Jiaoya is still mainly affected by the demand support, and it will take some time for the market to really turn better.
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