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 1,953 RMB/ton, and the average price over the weekend was 1,963 RMB/ton, with a price increase of 0.51%.
Analysis review
This week, the price of industrial grade sodium metabisulfite in the domestic market has risen. The upstream price of sodium metabisulfite has fallen by 0.70%, and the downstream price of caprolactam has fallen by 0.78%. The market has accelerated, and the low inventory of sodium metabisulfite and good transactions have supported the price increase.
Market outlook
As of April 11th , the market for sodium metabisulfite was running smoothly, and it is expected that the domestic market price will mainly fluctuate with a stronger trend in the short term.
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