Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,916 RMB/ton, and the average price over the weekend was 1,910 RMB/ton, a decrease of 0.35% during the week.
Analysis review
This week, the domestic market price of industrial grade sodium metabisulfite falls. The upstream soda ash price of sodium metabisulfite remains stable this week, with sulfur prices rising by 0.91% and downstream caprolactam prices falling by 0.84%. Sales of sodium metabisulfite are mainly based on orders, with light transactions.
Market outlook
At present, the transaction volume of sodium metabisulfite market is weak, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.
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