Price trend
According to the Commodity Market Analysis System of SunSirs, the price of domestic sodium metabisulfite has risen 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 1,867 RMB/ton, with a price increase of 0.90%.
Analysis review
This week, the market price of industrial grade sodium metabisulfite in China has risen. The upstream soda ash price of sodium metabisulfite has remained stable this week, while the sulfur price has risen by 4.83% and the downstream CPL price has fallen by 2.19%. Compared with the downstream, the upstream sulfur price has risen significantly, and the price of sodium metabisulfite has risen due to cost support.
Market outlook
As of March 7th, the price of sodium metabisulfite was rising due to cost support, and it is expected that the domestic market price will mainly fluctuate and strengthen in the short term.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.