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China and India are the leading exporters of sodium sulfide nonahydrate, accounting for the majority of global shipments, while the United States, Germany, and South Korea represent the largest importers. These importing countries rely primarily on Asian suppliers to meet industrial demand in pulp and paper, dyeing, and metal processing sectors. Trade volumes have remained relatively stable over the past three years, with modest upward pressure on sodium sulfide nonahydrate prices amid tightening environmental regulations on production in key exporting regions.
Sodium Sulfide Nonahydrate Market Intelligence Report (July 22, 2026)
I. Recent Price Volatility
1. Price Range
- Pharmaceutical-grade sodium sulfide nonahydrate (purity 98%, drum-packed): Supplier quotation in Wuhan is RMB 10/kg (minimum order quantity ≥1 kg), equivalent to approximately RMB 10,000/ton.
- Industrial-grade sodium sulfide nonahydrate (purity 99%, bulk purchase ≥1 ton): Supplier quotation in Wuhan is RMB 3,000/ton, closely aligned with Hubei Qibajiu Chemical’s quotation of RMB 3,150/ton in November 2024—indicating price stability.
- Small-package laboratory-grade product (250 g/bottle, ACS grade): Supplier quotation in Shanghai is RMB 303/bottle, equivalent to approximately RMB 1.21 million/ton—reflecting the substantial premium characteristic of analytical-grade products.
2. Price Volatility Drivers
- Price Differential between Pharmaceutical and Industrial Grades: Pharmaceutical-grade products command significantly higher prices due to stringent purity requirements and production qualification barriers; the price spread exceeds RMB 7,000/ton.
- Packaging Format Impact: Small-batch laboratory-grade products carry markedly higher unit prices than bulk purchases, attributable to packaging costs and demand scarcity.
- Regional Variation: Wuhan serves as the primary supply hub, with prices concentrated in the RMB 3,000–10,000/ton range; other regions may experience premiums or discounts due to logistics costs.
II. Supply-Demand Analysis
1. Supply Side
- Production Capacity Distribution: Suppliers in Hubei Province dominate the market; Wuhan Chujiang Haoyu Chemical Technology Development Co., Ltd. reports annual revenue of RMB 10–50 million, underscoring regional concentration.
- Inventory Levels: Some suppliers maintain total inventory up to 10,000 tons, indicating ample current supply and negligible near-term shortage risk.
- Production Costs: Fluctuations in raw material prices—particularly sulfur and caustic soda—directly affect sodium sulfide production costs; however, no significant cost-driven pressure has emerged recently.
2. Demand Side
- Downstream Applications:
- Pharmaceutical Sector: Used as analytical reagent and synthetic intermediate—demand remains stable but relatively limited in scale.
- Industrial Sector: Applied in dye manufacturing, leather tanning, and wastewater treatment; demand exhibits moderate correlation with macroeconomic cycles.
- Seasonality: July is traditionally a low-demand season; downstream procurement focuses on immediate needs, with minimal large-scale stockpiling activity.
III. Industry Dynamic Linkages
1. Upstream-Downstream Interactions
- Sulfur Market: Sulfur prices declined by 2.4% month-on-month in early July 2026, weakening cost-support for sodium sulfide.
- Caustic Soda Market: Caustic soda prices remained broadly stable during the same period, exerting minimal impact on sodium sulfide production costs.
- Competitive Substitutes: Prices of anhydrous sodium sulfide and other sulfide compounds showed no abnormal fluctuations; no direct substitution pressure was observed on sodium sulfide nonahydrate.
2. Policy & Environmental Factors
- Stricter environmental regulation may raise production costs for small- and medium-sized enterprises (SMEs); however, leading enterprises can partially absorb such cost pressures through economies of scale.
- Pharmaceutical-grade products must comply with Good Manufacturing Practice (GMP) standards; high regulatory entry barriers limit new entrants, sustaining the existing competitive landscape.
IV. Price Forecast & Risk Assessment
1. Short-Term Outlook (1–3 months)
- Price Range: Industrial-grade product prices are expected to remain within RMB 3,000–3,200/ton; pharmaceutical-grade pricing is anticipated to fluctuate by less than 5% due to demand resilience.
- Key Drivers: Downstream industry operating rates, sulfur price trends, and intensity of environmental policy enforcement.
2. Medium-to-Long-Term Outlook (6–12 months)
- Upside Risk: A macroeconomic recovery stimulating demand in dye manufacturing and leather tanning sectors could push prices above RMB 3,500/ton.
- Downside Risk: Sustained decline in sulfur prices or new capacity ramp-up may depress prices below RMB 2,800/ton.
3. Risk Alerts
- Demand-Side Risks: Reduced export orders or domestic consumption weakness in downstream industries may lead to demand contraction.
- Supply-Side Risks: Environmental shutdowns or logistics disruptions could trigger localized supply shortages.
- Substitution Risks: Breakthroughs in novel sulfide technologies may divert part of the market share.
Sodium sulfide nonahydrate is a colorless to faintly pink, crystalline solid with a characteristic odor of hydrogen sulfide; it is non-volatile, deliquescent, and decomposes before melting (typically above 50 °C under ambient conditions). It is an inorganic salt and a hydrated form of sodium sulfide. Industrially, it serves primarily as a sulfurizing agent and reducing agent in chemical synthesis, particularly in the production of organic intermediates, dyes, and pigments. Key application areas include textile dyeing and printing, leather tanning, pulp and paper manufacturing, and the synthesis of sulfur-containing agrochemicals and pharmaceuticals.
This chemical is included in Basic Chemicals. See more about what is Sodium sulfide nonahydrate and Sodium sulfide nonahydrate SDS information.
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