Sodium metabisulphite prices fell again (6.1-6.5)

1、 Price trend of sodium pyrosulfite in China

 

Gamma PGA food grade

According to the monitoring of business news agency, the price of domestic sodium pyrosulfite continued to decline again this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1576.67 yuan / ton, and the average price at the end of the week was 1526.67 yuan / ton, down 3.17% in the week.

 

2、 Market analysis

 

This week, the trading volume of sodium pyrosulfite market is still light. The market price range of industrial grade sodium pyrosulfite is 1300-1600 yuan / ton, and most of the prices are 1400-1500 yuan / ton. The prices of raw materials in the upstream market remained low, the demand in the downstream market continued to be weak, the domestic sodium metabisulfite inventory continued to overstock, and under the pressure of strong supply and weak demand, some enterprises lowered the ex factory prices again in June, and the domestic market price of sodium metabisulfite continued to decline at a low level. (the above prices refer to the foreign quotations of domestic mainstream enterprises, some of which are temporarily excluded from the scope. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. For details, please contact each manufacturer for consultation).

 

Gamma PGA

This week, the domestic soda price fell 1.3%, the sulfur price rose 5.7%, the raw material cost of sodium metabisulfite remained low as a whole, and the price of sodium metabisulfite in the future recovered.

 

3、 Future forecast

 

Business analysts believe that strong supply and weak demand, in the short term, the market price of sodium pyrosulfite will continue to be weak.

http://www.lubonchem.com/

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