Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite had been weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2,150 RMB/ton, and the average price over the weekend was 2,146 RMB/ton, a decrease of 0.15% during the week.
Analysis review
This week, the domestic industrial grade sodium metabisulfite market price range was 2,100-2,200 RMB/ton, with most prices concentrated around 2,100 RMB/ton. The inventory of the enterprise was in the middle, and the overall supply of sodium metabisulfite market was sufficient. The market was mainly driven by orders.
Market outlook
SunSirs’ analysts believe that market transactions were weak, and the domestic market price of sodium metabisulfite may mainly fluctuate in the short term.
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