Sodium metabisulfite price at bottom (7.6-7.10)

1、 Domestic sodium pyrosulfite price trend chart

 

Gamma Polyglutamic Acid

According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to keep stable at the bottom this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1383.33 yuan / ton, and that at the weekend was 1383.33 yuan / ton, with a rise and fall range of 0.

 

2、 Market analysis

 

This week, the overall market situation of sodium metabisulfite is still low. The price range of industrial sodium pyrosulfite is 1250-1500 yuan / ton, most of which are around 1400 yuan / ton. The market continues to be strong in supply and weak in demand. Downstream trade entities have a strong wait-and-see attitude. Enterprises mainly complete orders from old customers, but the number of new orders is limited. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).

 

This week, the price of domestic soda ash rose slightly by 1.33%, sulfur price remained stable, the processing cost of sodium metabisulfite showed a slight increase trend, the cost of raw materials went up, the terminal demand continued to be weak, the profit margin of manufacturers continued to shrink, and the market price of sodium pyrosulfite continued to decline, with limited space.

 

3、 Future forecast

 

Business analysts believe that a small rise in the cost of raw materials will support the future market price of sodium metabisulfite to some extent, and the domestic market price of sodium metabisulfite will stop falling and stabilize as a whole.

http://www.gammapolyglutamicacid.com

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