Price trend

According to the monitoring of SunSirs, the price of domestic sodium metabisulfite was stable but weak this week. The average price of industrial sodium metabisulfite at the beginning of the week was 2,450.00 RMB/ton, and the average price at the weekend was 2,433.33 RMB/ton, with a slight drop of 0.68% in the week.

Analysis review

The overall performance of domestic sodium metabisulfite market was average this week. The price range of industrial grade sodium metabisulfite was 2,400-2,500 RMB/ton, and most prices were concentrated around 2,400 RMB/ton. The inventory of the enterprise was about 30%, and the enterprises mainly completed orders from old customers.

From the beginning of November to 25, the price of domestic soda ash fell 0.38%, while the price of sulfur rose 12.1%. In general, although the price of sulfur rebounded significantly, it was still at a low level. The cost of upstream raw materials was weak and stable, and the cost remained low. Later, the recovery of the market price of sodium metabisulfite will be under pressure.

Market outlook

Analysts from SunSirs believe that the raw material cost is weak and stable, and the domestic sodium metabisulfite market price will also follow the overall weak cost and become stable.

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