Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has been weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2,120 RMB/ton, and the average price over the weekend was 2,101 RMB/ton, a decrease of 0.86% during the week.
Analysis review
This week, the domestic market price range for industrial grade sodium metabisulfite was 1,850-2,000 RMB/ton, with most prices concentrated around 1,900 RMB/ton. The upstream soda ash price of sodium metabisulfite remained stable this week, but the market demand for sodium metabisulfite was light and the transaction volume was lower than expected.
Market outlook
As of August 9th, the transaction volume of sodium metabisulfite market was weak, and the domestic market price may mainly fluctuate and weaken in the short term.
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