SunSirs: Mainly Watch-and-see, the Price of Sodium Metabisulfite Had Fallen
November 15 2024 14:04:54 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,890 RMB/ton, and the average price over the weekend is 1,880 RMB/ton, a decrease of 0.53% during the week.
Analysis review
This week, the domestic market price of industrial grade sodium metabisulfite falls. The upstream soda ash price of sodium metabisulfite remained stable, with sulfur prices falling by 1.23% and downstream CLP prices rising by 0.34%. The market for sodium metabisulfite is slow, and industry insiders are mainly observing the situation.
Market outlook
At present, the trading of sodium metabisulfite market is not active, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.
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