Price trend
According to the Commodity Market Analysis System of SunSirs, the price of domestic sodium metabisulfite remained stable this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,853 RMB/ton, and the average price over the weekend was 1,860 RMB/ton, with a price increase of 0.36%.
Analysis review
This week, the domestic market price of industrial grade sodium metabisulfite slightly increased. The upstream soda ash price of sodium metabisulfite remained stable this week, and the downstream market transactions improved, supporting the slight increase in sodium metabisulfite prices. Sodium metabisulfite manufacturers were optimistic about the future market.
Market outlook
As of January 10th, the sodium metabisulfite market was actively traded, and it is expected that the domestic market price will mainly fluctuate and strengthen in the short term.
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