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 1,916 RMB/ton, and the average price at the end of the month was 1,853 RMB/ton, a decrease of 3.30% during the month.
Analysis review
This month, the domestic market price of industrial grade sodium metabisulfite has fallen, with upstream soda ash prices dropping by 7.36% and sulfur prices dropping by 4.89%. Manufacturers are operating normally with sufficient inventory, and raw material prices have fallen. In addition, demand has been light, resulting in a decrease in the price of sodium metabisulfite.
Market outlook
At present, the trading volume 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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