The price of China Sodium Metabisulfite rose in March

In March, the domestic price of Sodium Pyrosulfite rose sharply. The average price of industrial grade sodium metabisulfite was 1666.67 CNY / ton on March 1 and 1783.33 CNY / ton on March 31, up 7% in the month.

After the Chinese new year holiday, the domestic soda ash and sulfur prices continued to rise, and the upstream raw material cost of sodium pyrosulfite increased significantly. Supported by the cost, the manufacturers increased the ex factory price of sodium metabisulphite in early March, which led to the overall recovery of the domestic market price of sodium pyrosulfite.

In March, the overall domestic soda ash price rose slightly by 1.72%, and the sulfur price rose sharply by 12.57%. The cost of raw materials continues to rise, which will further support the future market price of sodium pyrosulfite.

Supported by the cost of raw materials, it is expected that the domestic market price of sodium pyrosulfite will still rise in April.