Price trend of domestic sodium pyrosulfite

According to the monitoring of business agency, the price of domestic sodium pyrosulfite fell slightly this week. The average price of industrial grade sodium pyrosulfite was 3666.67 yuan / ton at the beginning of the week and 3550.00 yuan / ton at the end of the week, down 3.18% during the week.

In mid November, affected by the slight decline in the price of upstream raw materials, some enterprises slightly reduced the ex factory price of sodium pyrosulfite, driving the domestic market price of sodium pyrosulfite to fall slightly this week. This week, the domestic market price range of industrial sodium pyrosulfite is 3350-3800 yuan / ton, and most prices are concentrated near 3600 yuan / ton. The production of the enterprise is stable, the inventory is maintained at about 30%, the market transaction atmosphere has dropped, the enterprise mainly completes the orders of old customers, and the increase of new orders is limited. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. Please contact each manufacturer for details).

Since the beginning of November, the price of domestic soda ash has decreased slightly by 0.34%, the price of sulfur has decreased by 0.94%, the cost of upstream raw materials has decreased slightly, and the downstream trading subjects of sodium pyrosulfite have a strong wait-and-see attitude, which will suppress the market price of sodium pyrosulfite in the future.

Business analysts believe that with the decline of raw material costs and the increase of wait-and-see attitude of downstream trade subjects, the market price of sodium metabisulfite will fall under pressure.