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 1,970 RMB/ton, and the average price over the weekend Is 1,976 RMB/ton, with a price increase of 0.34%.
Analysis review
This week, the price of industrial grade sodium metabisulfite in the domestic market has risen. The upstream soda ash price of sodium metabisulfite has remained stable, while the downstream caprolactam price has fallen by 1.93%. The market trading atmosphere is active, and the low inventory of sodium metabisulfite supports the price increase.
Market outlook
At present, the sodium metabisulfite market is active in transactions, and it is expected that the domestic market price will mainly fluctuate with a stronger trend in the short term.
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