Price trend
According to the commodity market analysis system of SunSirs, the domestic price of sodium metabisulfite rose this month. The average price of industrial-grade sodium metabisulfite was 1,853 RMB/ton at the beginning of the month and 1,923 RMB/ton at the end of the month, an increase of 3.78% within the month.
Analysis review
This month, the domestic market price of industrial-grade sodium metabisulfite rose. The upstream soda ash of sodium metabisulfite rose by 3.5%, and the price of sulfur rose by 5.43%. The market supply was tight. Affected by the rise in raw material prices, the price of sodium metabisulfite also followed suit.
Future outlook:
As of July 30th, the sodium metabisulfite market was selling faster, and it is expected that the domestic market price will fluctuate and tend to be stronger in the short term.
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