I. Price Trend Chart of Sodium Pyrosulfite in China
According to the monitoring of business associations, the domestic price of sodium pyrosulfite continued to decline slightly this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1966.67 yuan/ton, while the average price at the end of the week was 1933.33 yuan/ton, down 1.70%.
II. Market Analysis
Product: This week, the market price of sodium pyrosulfite continues to be weak at the bottom. The market price range of industrial grade sodium pyrosulfite is 1800-2100 yuan/ton. Most of the prices are concentrated in the vicinity of 1950 yuan/ton. Enterprises have stable production, relatively adequate inventory, mainly to complete the orders of old customers, new orders increase is limited, the overall fast-in and fast-out. (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.
Industry chain: Soda price continued to be weak in the upstream this week, and sulfur price rose slightly. Overall, processing costs are still relatively low and fluctuated slightly. It is difficult to support the rebound of domestic sodium pyrosulfite price.
3. Future Market Forecast
Business analysts believe that the peak demand season has not yet arrived, processing costs continue to be low, trade entities are cautious in purchasing and selling, and the domestic market price of sodium pyrosulfite is warming and pressured in the short term.