In September, the price of sodium metabisulfite in China rose sharply

Price trend of domestic sodium pyrosulfite

Sulfamic acid 

According to the monitoring of business agency, the price of domestic sodium pyrosulfite rose sharply in September. The average price of industrial grade sodium pyrosulfite was 2600.00 yuan / ton on September 1 and 3333.33 yuan / ton on September 30, with a sharp increase of 28.20% in the month.

In August, the domestic soda ash sulfur price continued to rise at a high level, and the raw material cost continued to rise. In early September, manufacturers successively raised the ex factory price, driving the overall rise of the domestic sodium pyrosulfite market price, and the average price rose to about 2600 yuan / ton at the beginning of the month.

With the further rise of domestic soda ash price in September and the continuous low overall inventory of sodium pyrosulfite, with the support of downstream demand, manufacturers raised the ex factory price of sodium pyrosulfite for many times in September, driving the continuous rise of domestic sodium pyrosulfite market price.

With the implementation of double control policy at the end of this month, factory inventories continued to decline, and some enterprises were forced to close the bill. At the end of the month, a number of enterprises adjusted the factory price to 3500 yuan / ton, and further pushed up the market price of domestic pyrosulfite.

The price of domestic soda ash rose sharply in September, with an increase of 34.05% in the month. The high price of domestic sulfur in September became stronger, with an increase of 2.6% in the month. The price of upstream raw materials continued to rise, and the cost will further support the market price of sodium pyrosulfite in the future.

Business analysts believe that the manufacturer’s inventory remains low, the upstream raw material cost continues to rise, and the downstream demand does not decrease. It is expected that there is still some room for rise in the domestic sodium metabisulfite market price in October.

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