In January, domestic Soda Ash, Sulfur prices which are the main materials of SMBS continued to rise. Supported by raw material costs, some manufacturers slightly increased the market price of Sodium Metabisulfite, domestic Sodium metabisulphite market prices ended nearly three months of continuous decline in the journey, Sodium Metabisulphite as a whole bottomed out in January rose 6.02%. In late February, the domestic Soda Ash price rose one day, or even more than one day, and the raw material cost rose sharply. Under the support of the processing cost, the domestic Sodium Metabisulfite and Sodium Sulfite Anhydrous enterprises increased the factory price, which led to the sharp rise in the domestic market price of Sodium Metabisulphite in 2 and 3 months.
Since February, the price of Sodium Metabisulfite upstream products rose comprehensively, on February 1 solstice on March 10, the domestic Soda Ash Light prices rose 14.6%, Sulfur prices rose 25.64%, raw material costs rose sharply, Sodium Metabisulfite and Sodium Sulfite prices followed by a sharp rise.
ToptionChem analysts believe that Soda Ash and Sulfur prices continue to rise sharply, supported by raw material costs, it is expected that the subsequent market prices of Sodium Metabisulfite, Sodium Sulfite anhydrous, Sodium Hydrosulfite and Sodium Bicarbonate still have some space for increase.
Post time: Mar-12-2021