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 1,860 RMB/ton, and the average price over the weekend is 1,866 RMB/ton, with a price increase of 0.36%.
Analysis review
This week, the price of industrial grade sodium metabisulfite in the domestic market has increased. The upstream soda ash price of sodium metabisulfite remains stable, sulfur price has increased by 3.1%, and downstream caprolactam price has increased by 2.41%. Influenced by favorable factors from both upstream and downstream, the price of sodium metabisulfite has risen, and downstream shipment speed has accelerated.
Market outlook
At present, the sodium metabisulfite market is supported by favorable factors, and it is expected that the domestic market price will mainly fluctuate and strengthen in the short term.
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