I. Price Trend Chart of Sodium Pyrosulfite in China
According to the monitoring of business associations, this week the domestic price of sodium pyrosulfite moved steadily forward at the bottom. The average price of industrial sodium pyrosulfite at the beginning of the week was 1816.67/ton, and the average price at the end of the week was 1816.67 yuan/ton, with a rise or fall of 0.
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II. Market Analysis
Product: The overall market performance of domestic pyrosulfite market this week is general. The market price of industrial sodium pyrosulfite this week is in the range of 1700-1950 yuan/ton. Most of the prices are concentrated in the vicinity of 1800 yuan/ton. At present, domestic sodium pyrosulfite inventory is sufficient, raw material costs continue to be weak adjustment, the downstream trade main body wait-and-see attitude is strong, resulting in a continuing slump in terminal demand, the market as a whole trading light, enterprises have completed the old order-based. (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: This week, domestic soda price has been steadily moving forward, sulfur price has fallen 4.81%, processing cost has been low, market wait-and-see attitude is strong, and sodium pyrosulfite price has warmed up and pressured.
3. Future Market Forecast
Business analysts believe that raw material costs continue to be low, terminal demand continues to be depressed, the domestic market price of sodium pyrosulfite warms and pressures in the short term.