1、 Price trend of sodium pyrosulfite in China
According to the monitoring of the business agency, after the May Day holiday, the domestic price of sodium pyrosulfite was slightly stronger. The average price of industrial grade sodium pyrosulfite was 1783.33 yuan / ton at the beginning of the week and 1800.00 yuan / ton at the end of the week, a slight increase of 0.93%.
2、 Market analysis
This week, the overall market performance of sodium pyrosulfite is acceptable. The market price range of industrial grade sodium pyrosulfite is 1700-1950 yuan / ton, and most of the prices are around 1800-1850 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. This week, some enterprises slightly increased the ex factory price of sodium pyrosulfite supported by tight supply, driving the domestic market price of sodium pyrosulfite slightly stronger（ 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).
After May Day, the domestic soda price rose again by 0.57%, the sulfur price remained stable as a whole, and the high raw material cost became stronger, which will further support the future market price of sodium pyrosulfite.
3、 Future forecast
Analysts of business news agency believe that the cost of upstream raw materials is getting stronger again, and the supply in some areas is tight. It is expected that the domestic market price of sodium pyrosulfite will continue to be stable and strong in the short term.
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