Price trend
According to the Commodity Market Analysis System of SunSirs, the price of domestic sodium metabisulfite had fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2,010 RMB/ton, and the average price over the weekend was 1,976 RMB/ton, a decrease of 1.66% during the week.
Analysis review
This week, the domestic industrial grade sodium metabisulfite market prices had been weak. The upstream soda ash price of sodium metabisulfite had fallen by 1.73% this week, and the downstream CPL price had fallen by 2.16%. The sodium metabisulfite market was slow to move, and prices were weak and declining.
Market outlook
As of September 20th, inquiries in the sodium metabisulfite market were the main focus, and it is expected that domestic market prices will mainly fluctuate and weaken in the short term.
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