SunSirs: The Price of Sodium Metabisulfite Remained Stable This Week (December 16-20)

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite remained stable this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,850 RMB/ton, and the average price over the weekend was 1,850 RMB/ton, indicating stable prices.

Analysis review

This week, the domestic market price of industrial grade sodium metabisulfite remained stable. The upstream prices of soda ash and sulfur remained stable, while the downstream price of CPL fell by 0.59%. The sluggish transactions in the downstream market had limited impact on the sodium metabisulfite market, and the quotes from sodium metabisulfite manufacturers remained stable.

Market outlook

As of the 20th, the transaction volume of sodium metabisulfite market was average, and it is expected that the domestic market price will mainly fluctuate and strengthen in the short term.

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