SunSirs: The Price of Sodium Metabisulfite Fell in November

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite had fallen this month. The average price of industrial grade sodium metabisulfite at the beginning of the month was 1,910 RMB/ton, and the average price at the end of the month was 1,873 RMB/ton, a decrease of 1.92% during the month.

Analysis review

This month, the domestic industrial grade sodium metabisulfite market price range was 1,700-1,850 RMB/ton. The upstream soda ash price of sodium metabisulfite had fallen by 1.77% this month, and the downstream CPL price had fallen by 1.27%. There was no positive support for both upstream and downstream, and market transactions are weak.

Market outlook

As of November 29, the sodium metabisulfite market lacked favorable support, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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