1、 Price trend of domestic sodium pyrosulfite
Sodium Molybdate |
According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to rise this week. The average price of industrial grade sodium pyrosulfite was 2266.67 yuan / ton at the beginning of the week and 2350.00 yuan / ton at the end of the week, up 3.68% during the week.
2、 Market analysis
The overall market performance of sodium pyrosulfite this week is good. The market price range of industrial grade sodium pyrosulfite is 2300-2500 yuan / ton, and most prices are concentrated near 2300-2400 yuan / ton. Supported by the continuous rise in raw material costs, after August, Georgia manufacturers successively increased the ex factory price of sodium pyrosulfite, driving the domestic market price of sodium pyrosulfite to continue to rise. With the support of downstream rigid demand, the enterprise’s production is stable, focusing on completing the orders of old customers( The above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact each manufacturer for details).
This week, the overall high price of domestic soda ash kept steady, the price of sulfur rose by 1.21%, the price of upstream raw materials continued to rise, and the continuous high cost of raw materials will further support the market price of sodium pyrosulfite in the future.
3、 Future forecast
Business analysts believe that under the dual support of cost and demand, there is still some room for rise in the domestic sodium pyrosulfite market price in the short term.
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