Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite first fell and then rose this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,856 RMB/ton, and the average price over the weekend was 1,850 RMB/ton, a decrease of 0.36% during the week.

Analysis review

This week, the market price of industrial grade sodium metabisulfite in China first rose and then fell. The upstream soda ash price of sodium metabisulfite remained stable this week, with sulfur prices rising by 0.58% and downstream caprolactam prices rising by 0.35%. The rise in upstream raw material prices drove up the price of sodium metabisulfite, and some sodium metabisulfite manufacturers increased their quotes, resulting in good transactions.

Market outlook

As of December, the transaction volume of sodium metabisulfite market was accelerating, and it is expected that the domestic market price will mainly fluctuate with a stronger trend in the short term. If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.