Recently, the price of sulfur has risen sharply, indirectly increasing the cost of Sodium dimethyldithiocarbamate. Due to the transmission from the raw material end, domestic producers will see the price of Sodium dimethyldithiocarbamate rise in the short term.
According to the data, since the beginning of November, the price of sulfur has risen sharply. It has increased from 3,261 yuan per ton at the beginning of the month to 3,581 yuan per ton, with an increase of 9.81%. Carbon disulfide is the core raw material of Sodium dimethyldithiocarbamate, and sulfur, as the upstream raw material of carbon disulfide, its price increase is transmitted through the industrial chain from top to bottom, indirectly driving up the cost of Sodium dimethyldithiocarbamate. The pressure on the cost of Sodium dimethyldithiocarbamate has become prominent, providing a bottom support for the price of Sodium dimethyldithiocarbamate and restricting the downward space of the price.
Driven by rising costs, the price increase news in the market has gradually been released. The enthusiasm of traders for inquiries has increased, the bearish sentiment in the market has weakened, and the price trend of Sodium dimethyldithiocarbamate has remained firm. In the short term, most traders are mainly making tentative price hikes in their offers. While the terminals maintain their regular purchasing pace, there are also occasional behaviors of purchasing in bulk. With the accumulation of favorable factors in the market, it is expected that the price of Sodium dimethyldithiocarbamate will continue to rise. It is necessary to pay attention to changes in raw material prices and the inventory replenishment situation of the downstream industry.
