Views: 0 Author: Site Editor Publish Time: 2021-09-01 Origin: Site
In August, the price of Chinese Sodium Metabisulphite continued to rise. The average price of industrial grade Sodium Pyrosulfite was 2266.67 CNY / ton on August 1 and 2483.33 CNY / ton on August 31, with a sharp increase of 9.56% during the month.
Affected by the rising cost and price of upstream raw materials, domestic Sodium Metabisulfite manufacturers successively raised the ex factory price in August. At the same time, some manufacturers stopped production for maintenance, resulting in the continuous decline of domestic Sodium Pyrosulfite inventory, the rigid demand in the downstream, and the overall tight supply in the Sodium Pyrosulfite market, which helped to push the domestic Sodium Pyrosulfite market price higher in August
Supported by cost and demand, it is expected that the domestic market price of Sodium Metabisulfite will continue to be strong in September.
