Sodium Hydrogen Sulfate Market Dynamics Intelligence and Forecast Report (May 27, 2026)

I. Current Market Price Dynamics
| Date | Quoting Enterprise | Region | Specification/Grade | Price (CNY/ton) | Notes |
|------------|------------------------------|-----------------|------------------------|------------------|--------------------------------------------|
| 2026-05-25 | Shandong Jiachang Chemical Co., Ltd. | Jinan City, Shandong Province | National Standard, 25 kg/bag | 1,200 | Tax-inclusive market price; valid for 7 days |

Price Trend:
The current market quotation for sodium hydrogen sulfate remains stable at CNY 1,200 per ton, with no fluctuation observed between May 18–25, 2026, indicating short-term supply-demand equilibrium.

II. Market Driving Factor Analysis
1. Raw Material Cost Support
– High and Volatile Sulphur Prices:
Domestic sulphur prices in China remained steady at CNY 7,300–7,400 per ton in May 2026. The sharp rise in sulphuric acid production costs has prompted some manufacturers to scale back output. Although sodium hydrogen sulfate production does not directly rely on sulphur, the broader chemical industry’s cost-transmission effect may indirectly exert upward pressure on its pricing.
– Advantage of Pyrite Resources:
Pyrite-based sulphuric acid producers (e.g., Guangdong-Guangxi Co., Ltd.) benefit from low raw material costs—sulphur concentrate costs approximately CNY 420 per ton—granting them pricing power during periods of high sulphuric acid prices. However, such resource-based monopolistic advantages have not yet manifested significantly in the sodium hydrogen sulfate market.

2. Supply-Demand Structural Changes
– Supply Side:
Shandong Jiachang Chemical maintains a stable quotation, showing no signs of inventory pressure or capacity adjustments.
Structural tightness persists in the broader sulphuric acid market (e.g., ex-factory price for 98% sulphuric acid in Shandong reached CNY 2,400–2,450 per ton), yet sodium hydrogen sulfate—a niche product—has not been directly impacted by mainstream sulphuric acid supply fluctuations.
– Demand Side:
Downstream industries—including glass, papermaking, and detergents—exhibit stable demand, with no evidence of bulk procurement or demand contraction.
Growing demand in high-end applications (e.g., electronic-grade sulphuric acid) has not yet generated notable spillover demand for sodium hydrogen sulfate.

3. Policy and Trade Impacts
– Export Ban:
Effective May 1, 2026, China suspended exports of ordinary industrial-grade sulphuric acid (excluding high-purity electronic-grade sulphuric acid). Sodium hydrogen sulfate is not subject to this restriction, maintaining open export channels and potentially attracting additional international orders.
– Regional Market Divergence:
The sulphuric acid market displays regional price disparities (e.g., smelter-grade acid in Zhejiang Province trades at CNY 1,760–1,820 per ton; Yunnan Province lowered prices due to seasonal demand weakness). In contrast, sodium hydrogen sulfate quotations remain highly uniform across regions, showing minimal geographic price differentiation.

III. Market Risks and Challenges
1. Lagging Cost Transmission:
Sustained high prices for raw materials such as sulphur may gradually transmit into the sodium hydrogen sulfate market; however, current quotations have yet to reflect this cost pressure.
2. Downstream Industry Volatility:
Should major downstream sectors—including glass and papermaking—enter seasonal lulls or face environmental regulation–driven production curbs, sodium hydrogen sulfate demand could weaken.
3. Substitution Competition:
The price advantage of naturally occurring sodium sulphate (accounting for ~80% of global market share) may erode sodium hydrogen sulfate’s market share.

IV. Outlook for June 2026
1. Price Forecast
– Short Term (within 1 month):
Sodium hydrogen sulfate prices are expected to hold steady at CNY 1,200 per ton, supported by balanced supply-demand conditions and absence of sudden cost shocks.
– Medium Term (3–6 months):
If sulphur prices remain elevated or sulphuric acid supply constraints intensify further, sodium hydrogen sulfate prices may rise modestly to CNY 1,250–1,300 per ton.

2. Supply-Demand Outlook
– Supply Side:
Major producers—including Shandong Jiachang Chemical—maintain stable production capacity. Any new capacity additions will depend on industry investment activity expected in H2 2026.
– Demand Side:
Downstream demand is projected to remain stable. Meanwhile, growing demand for high-end applications (e.g., electronic-grade sulphuric acid) may indirectly catalyze technological upgrades in sodium hydrogen sulfate—such as higher purity grades.

3. Industry Recommendations
– For Producers:
Optimize raw material procurement strategies—for example, securing long-term contracts with low-cost pyrite suppliers—and accelerate R&D efforts targeting high-value-added products (e.g., ultra-high-purity sodium hydrogen sulfate).
– For Traders:
Monitor regional price differentials in the sulphuric acid market and leverage favorable export policies for sodium hydrogen sulfate to expand international sales.
– For End Users:
Secure long-term supply agreements in advance to mitigate price volatility risks, and explore emerging application opportunities for sodium hydrogen sulfate in new-energy and environmental-protection sectors.