SunSirs: Sales Were Weak, and the Price of Sodium Metabisulfite Had Fallen

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite had been weak this month. The average price of industrial grade sodium metabisulfite at the beginning of the month was 2,123 RMB/ton, and the average price at the end of the month was 2,050 RMB/ton, a decrease of 3.45% during the week.

Analysis review

This month, the domestic market price range for industrial grade sodium metabisulfite was 1,850-1,950 RMB/ton, with most prices concentrated around 1900 RMB/ton. The upstream soda ash price of sodium metabisulfite had dropped by 3.93% this month, and the market for sodium metabisulfite had seen weak transactions, with orders being the main focus of sales.

Market outlook

As of August 30th, the trading volume of sodium metabisulfite market was light, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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