I. Price Trend Chart of Sodium Metabisulfite in China
According to the monitoring of business associations, the domestic price of sodium metabisulfite continued to run at the bottom this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1833.33 yuan/ton, and the average price at the end of the week was 1833.33 yuan/ton, with a rise or fall of 0%.
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II. Market Analysis
Product: This week, the overall market of sodium metabisulfite remains depressed. The mainstream market price of industrial sodium pyrosulfite is between 1750 and 1950 yuan/ton, and most of the prices are around 1850 yuan/ton. Traditional off-season results in high domestic sodium pyrosulfite inventory, prudent overall market purchasing and selling, enterprises are still mainly to complete the orders of old customers, the market trading atmosphere is general. (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 soda price is relatively stable, sulfur price continues to decline, raw material prices in the upstream continue to weaken adjustment, processed into continuous suppression, the domestic market price of sodium pyrosulfite warms up and bears pressure.
3. Future Market Forecast
Business analysts believe that processing costs continue to decline, trade entities are cautious in purchasing, downstream demand has not improved, and the domestic market price of sodium pyrosulfite is expected to continue to maintain the bottom trend in the short term.
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