SunSirs: Slow Shipment, the Price of Sodium Metabisulfite Dropped

Price trend

According to the Commodity Market Analysis System of SunSirs , the domestic price of sodium metabisulfite has fallen this month. The average price of industrial grade sodium metabisulfite at the beginning of the month was 1,853 RMB/ton, and the average price at the end of the month was 1,850 RMB/ton, a decrease of 0.18% during the week.

Analysis review

This week, the domestic market price of industrial grade sodium metabisulfite fell. The upstream soda ash price of sodium metabisulfite fell by 2.28% this month, and the downstream CPL price rose by 2.72%. Although the downstream CPL price rose, the sales performance of the sodium metabisulfite market was poor, and the price of sodium metabisulfite remained weak.

Market outlook

As of February 28th, the trading atmosphere in the sodium metabisulfite market was quiet, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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