Price trend

According to the monitoring of SunSirs, the domestic price of sodium metabisulfite rose slightly this week. The average price of industrial-grade sodium metabisulfite at the beginning of the week was 2,700.00 RMB/ton, and the average price at the weekend was 2,800.00 RMB/ton, up 3.70% during the week.

Analysis review

Entering April, supported by cost and demand, some manufacturers slightly raised the ex-factory price of sodium metabisulfite, which drove the domestic market price of sodium metabisulfite to rise slightly. The price this week was between 2,600-3,100 RMB/ton, and most quotations were around 2,700 RMB/ton. Enterprise inventory was about 30%, mainly to complete the orders of old customers.

Since the beginning of April, the domestic soda ash price has risen slightly, with an overall increase of 0.97%, the domestic sulfur price has increased by 1.18% as a whole, and the cost of raw materials has risen slightly. The continued high cost of raw materials will continue to support the market price of sodium metabisulfite in the future.

Market outlook

Analysts of SunSirs believe that under the support of cost and demand, it is expected that the domestic market price of sodium metabisulfite will continue to be stable and strong in the short term.

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