1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to rise this week. The average price of industrial sodium pyrosulfite at the beginning of the week was 1416.67 yuan / ton, and that at the weekend was 1466.67 yuan / ton, up 3.53%.

2、 Market analysis

This week, the overall market of sodium metabisulfite has improved. Supported by the cost of raw materials, some manufacturers have continuously increased the ex factory price of sodium metabisulfite, which has driven the domestic sodium metabisulfite market price to bottom and continue to rise. This week, the market price range of industrial sodium pyrosulfite is 1300-1600 yuan / ton, and most of the prices are around 1400-1500 yuan / ton. The production of the enterprise is relatively stable, and the price continues to rise, which promotes the downstream enterprises’ willingness to prepare goods. The demand will further support the future market price of sodium pyrosulfite. (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.).

Since the beginning of August, the prices of upstream products of sodium metabisulfite have risen in an all-round way. As of August 28, the price of soda ash has risen by 25.64%, the price of sulfur has risen by 24.61%, and the cost of raw materials has risen sharply. Driven by the cost, the market price of sodium pyrosulfite has risen accordingly.

3、 Future forecast

Business agency analysts believe that the sharp rise in raw material costs will lead to higher market prices of sodium metabisulfite, which will trigger the downstream trade entities to stock up, and the market price of sodium metabisulfite will rise further in the future.