Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite remained stable this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,850 RMB/ton, and the average price over the weekend was 1,850 RMB/ton, indicating stable prices.
Analysis review
This week, the domestic industrial grade sodium metabisulfite market price remained stable. The price of sodium metabisulfite’s upstream soda ash was temporarily stable this week, while the downstream CPL price rose by 0.61%. However, downstream market transactions fell short of expectations and prices were difficult to support.
Market outlook
As of February 14th, the trading volume of sodium metabisulfite market was light, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.
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