According to the monitoring of the SunSirs, the price of domestic sodium metabisulfite was stable last week. The average price of industrial sodium metabisulfite was 3316.67 RMB/ton at the beginning of the week and 3316.67 RMB/ton at the end of the week. The overall high level was stable.
In June, supported by the continuous rise in raw material costs, some manufacturers adjusted the market price of sodium metabisulfite again, driving the domestic sodium metabisulfite market price to rise again at the beginning of the month. Last week, the domestic sodium metabisulfite market performed well as a whole. The market price range of industrial grade sodium metabisulfite was 3000 RMB/ton, and most of the prices were around 3200-3300 RMB/ton. Manufacturers mainly completed orders from old customers. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are temporarily excluded from their scope. The prices are only for reference and have nothing to do with the final pricing of the manufacturer. Please contact the manufacturers for details).
Since the beginning of June, the price of domestic soda ash has increased slightly by 1.75% and the price of sulfur has decreased slightly by 1.78%. In general, the price of upstream raw materials is still high, and the cost will support the market price of sodium metabisulfite in the future.
Business analysts believe that the domestic market price of sodium metabisulfite will continue to be strong in the short term under the support of costs.
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