Price trend
According to the Commodity Market Analysis System of SunSirs, the price of domestic sodium metabisulfite has fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,853 RMB/ton, and the average price over the weekend is 1,850 RMB/ton, with a price drop of 0.18%.
Analysis review
This week, the domestic industrial grade sodium metabisulfite market prices have been weak. The upstream soda ash prices of sodium metabisulfite have fallen by 0.68%, sulfur prices have fallen by 0.72%, downstream caprolactam prices have fallen by 2.92%, upstream raw materials have fallen, downstream market transactions have been sluggish, and the prices of sodium metabisulfite manufacturers have been weak.
Market outlook
There is no positive support for the domestic sodium metabisulfite market, and it is expected that the domestic market price will mainly fluctuate in the short term.
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