According to the monitoring of SunSirs, the price of domestic sodium metabisulfite rebounded slightly in March. The average price of industrial grade sodium metabisulfite was 2583.33RMB/ton on March 1 and 2700.00RMB/ton on March 31, an increase of 4.52% in the month.
In February, the cost of upstream raw materials continued to rise. In March, domestic sodium metabisulfite production enterprises successively increased the ex factory price slightly, driving the domestic sodium metabisulfite market price to rise slightly in early March.
In March, the price of soda ash fell slightly, the price of sulfur continued to rise, the upstream cost tended to be stable as a whole, and the overall market price of domestic sodium metabisulfite moved forward steadily.
In March, the price of domestic soda ash fell slightly, falling by 1.43% in the month, and the price of sulfur rose sharply, rising by 41.39% in the month. The cost of raw materials remained high, which will further support the price of domestic sodium metabisulfite market in the future.
Business analysts believe that the raw material cost continues to operate at a high level, and it is expected that the domestic market price of sodium pyrosulfite will be stable, medium and strong as a whole in April.
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