I. price trend of sodium pyrosulfite in China
According to the monitoring of the business association, the domestic sodium pyrosulfite continues to run at the bottom this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week is 1760.00 yuan / ton, and the average price at the end of the week is 1760.00 yuan / ton, up or down 0.
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II. Market analysis
Products: in December, the domestic sodium metabisulfite price continued to be weak at the bottom. This week, the market performance of sodium metabisulfite is still tepid. The market price of industrial grade sodium metabisulfite is in the range of 1680-1900 yuan / ton, and most of the prices are concentrated around 1800 yuan / ton. Enterprises mainly complete orders from old customers, with limited new orders. The market transaction atmosphere is general, and fast in and fast out is the main support. (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).
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Industrial chain: as of December 13, the upstream soda ash fell by 4.1% in the month, and the sulfur fell by 5.5% in the month. The raw material cost continued to be weak and adjusted. The downstream trade subjects had a strong wait-and-see attitude, and the cost and demand continued to be weak and suppressed. The domestic sodium metabisulfite market price recovered and came under pressure.
III. future forecast
Analysts of the business club believe that raw material cost continues to be weak, and the main body of trade is cautious in purchasing and selling. In the short term, domestic sodium metabisulfite will continue to follow the raw material price to explore the bottom.
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