1、 Price trend of domestic sodium pyrosulfite
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According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to rise in July. The average price of industrial grade sodium pyrosulfite was 2100.00 yuan / ton on July 1 and 2266.67 yuan / ton on July 30, a sharp increase of 7.94%.
2、 Market analysis
In July, the overall market performance of sodium pyrosulfite was acceptable. The centralized maintenance in the early stage led to the overall low inventory of domestic sodium pyrosulfite. At the same time, the price of upstream raw materials continued to rise. After the manufacturer resumed production, the factory price continued to increase within months, driving the domestic market price of sodium pyrosulfite to continue to rise. Downstream rigid demand will not decrease, which will further support the market price of sodium pyrosulfite. At the end of the month, the market price range of industrial sodium pyrosulfite was 2200-2500 yuan / ton, and most prices were concentrated near 2300-2400 yuan / ton.
In July, the high price of domestic soda ash rose by 13.58% again, and the price of sulfur rose by 0.2% within the month. The price of upstream raw materials continued to rise, and the cost continued to increase, which will further support the domestic sodium pyrosulfite market price in the future.
3、 Future forecast
Business analysts believe that the raw material cost is high and the downstream demand is not reduced. The domestic market price of sodium pyrosulfite is expected to continue to rise in August.
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