The price of sodium pyrosulfite rose slightly after the Spring Festival

1、 Domestic sodium pyrosulfite price trend chart

 

According to the monitoring of the business agency, the price of sodium pyrosulfite in China rose slightly after the Spring Festival. The average price of industrial sodium pyrosulfite at the beginning of the week was 1633.33 yuan / ton before the Spring Festival (February 9), and 1666.67 yuan / ton after the Spring Festival (February 19), with an overall rise of 2.04%.

 

2、 Market analysis

 

After the Spring Festival, domestic sodium pyrosulfite manufacturers resumed production one after another, and the operating rate of the manufacturers gradually picked up. Supported by the continuous rise of upstream raw material prices, some manufacturers slightly increased the ex factory price of sodium pyrosulfite after the Spring Festival. This week, the domestic market price range of industrial sodium pyrosulfite is 1500-1850 yuan / ton, most of which are around 1600 yuan / ton. (the above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).

 

In February, the domestic soda price rose by 13.78%, and the sulfur price rose by 20.25%. The upstream raw material cost continued to rise, which will help the future market price of sodium pyrosulfite to further warm up.

 

3、 Future forecast

 

Analysts from business news agency believe that the domestic market price of sodium pyrosulfite is expected to continue to rise in March, supported by the rising raw material cost, the increasing willingness of trade entities to prepare goods, the rising demand and rising cost.

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