1、 Domestic sodium pyrosulfite price trend chart
According to the monitoring of the business agency, the domestic price of sodium pyrosulfite rose in an all-round way this week. The average price of industrial grade sodium pyrosulfite at the beginning of the week was 1666.67 yuan / ton, and the average price at the end of the week was 1783.33 yuan / ton, a sharp rise of 7%.
2、 Market analysis
After the Spring Festival, domestic soda ash and sulfur prices continued to rise sharply, supported by the sharp rise in raw material costs. In March, sodium pyrosulfite manufacturers increased their ex factory prices one after another. The market price range of industrial grade sodium pyrosulfite was 1700-1950 yuan / ton, and most of the prices were concentrated in 1700-1800 yuan / ton. The production of the enterprise is stable, the inventory is maintained at about 30%, the enterprise mainly completes the orders of old customers, and the increase of new orders is limited. (the above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).
This week, domestic soda price continued to rise by 1.89%, sulfur price by 6.07%, upstream raw material price continued to rise, and processing cost continued to increase, which will further boost the market price of sodium pyrosulfite in the future.
3、 Future forecast
Analysts from business news agency believe that the cost of raw materials continues to rise. Supported by the cost, it is expected that the domestic market price of sodium pyrosulfite will still be in a certain recovery space in the short term.