Price trend

According to the commodity market analysis system of SunSirs, the domestic price of sodium metabisulfite rose last week. The average price of industrial-grade sodium metabisulfite was 1,943 RMB/ton at the beginning of the week and 1,976 RMB/ton at the weekend, a price increase of 1.72%.

Analysis review

Last week, the domestic market price of industrial-grade sodium metabisulfite rose, the price of soda ash upstream of sodium metabisulfite remained stable, the price of sulfur rose by 1.42%, and the price of downstream caprolactam fell by 0.55%. Upstream and downstream products rose and fell alternately, and the upstream raw materials rose significantly. Market transactions accelerated, and we focused on the market transaction situation.

Market outlook

The domestic sodium metabisulfite market is selling faster, and it is expected that in the short term the domestic market price may be dominated by a volatile and strong trend.

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