According to the monitoring of the business community, the overall price of domestic sodium pyrosulfite was weak and stabilized in August. The average price of industrial grade sodium pyrosulfite was 3033.33 yuan / ton on August 1 and 2700.00 yuan / ton on August 31, down 10.99% in the month.

Affected by the sharp drop in raw material costs in July, enterprises comprehensively reduced the factory price of sodium pyrosulfite in August, driving the domestic market price of sodium pyrosulfite to drop significantly at the beginning of the month. At the beginning of the month, the market price of domestic industrial grade sodium pyrosulfite was mostly around 2600-2750 yuan / ton.

In late August, the price of soda ash in the upstream was weak and stable as a whole, the price of sulfur rose slightly, and the price of raw materials rose slightly. In addition, the inventory of sodium pyrosulfite manufacturers was low as a whole, and some manufacturers increased their factory prices slightly, which led to a small rise in the domestic market price of sodium pyrosulfite at the end of the month.

The domestic soda ash price fell by 6.09% in August as a whole, and the overall weakness stabilized in the latter half of the year. The sulfur price rebounded from the bottom, rising by 25.54% in the month. The small rise in raw material cost will support the market price of sodium pyrosulfite in the future.

Future forecast

Analysts of business club believe that the raw material cost has picked up slightly, the inventory of manufacturers has remained low, the overall supply of sodium metabisulfite market is tight, and the domestic sodium metabisulfite market price is expected to still have some room for recovery in September, supported by short-term demand. In general, the price of upstream raw materials is still at a low level, and the overall recovery space of sodium pyrosulfite market price in the future is limited.