SunSirs: Market Transactions Are Light, and the Price of Sodium Metabisulfite Has Fallen
November 22 2024 14:03:33 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 1,880 RMB/ton, and the average price over the weekend was 1,873 RMB/ton, a decrease of 0.35% 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 remains stable this week, with sulfur prices falling by 1.24% and downstream CPL prices rising by 1.15%. The market for sodium metabisulfite Is mainly driven by orders, with light transactions.
Market outlook
At present, the trading of sodium metabisulfite market is light, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.
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