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SunSirs: Sodium Metabisulfite Price Kept Running at the Bottom (February 17-21 )

February 26 2020 10:18:18     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of sodium metabisulfite in China will continue to run at the bottom after the year. The average price of industrial grade sodium metabisulfite at the beginning of the week is 1,693.33 RMB/ton, and the average price at the end of the week is 1,693.33 RMB/ton, up or down by 0.

 

Analysis review   

Product: 

Entering mid-February, domestic sodium metabisulfite companies have not yet resumed work. Most of the companies that have resumed work are in the phase of equipment maintenance. Only a few companies have resumed normal production. Supported by tight transportation factors, the domestic sodium metabisulfite market price has continued to move forward at a bottom. This week, the market price of industrial-grade sodium metabisulfite is in the range of 1,600-1,850 RMB/ton, and the prices quoted by mainstream start-up companies are concentrated around 1,600 RMB/ton.

Industrial chain:

The prices of soda ash and sulphur continued to be stable at the bottom this week, and the overall market was light after the year. The prices of sodium metabisulfite products continued to move forward.

 

Market outlook

SunSirs analysts believe that under the combined influence of transportation and epidemic conditions in the short term, the metabisulfite market will continue to be light, and it is expected that the domestic sodium metabisulfite market price will continue to move forward at the bottom.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

 

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