Price trend
According to the commodity market analysis system of SunSirs, the domestic price of sodium metabisulfite fell this week. The average price of industrial-grade sodium metabisulfite was 2,000 RMB/ton at the beginning of the week and 1,980 RMB/ton at the weekend, a price drop of 1.00%.
Analysis review
This week, the domestic industrial-grade sodium metabisulfite market price fell. The price of soda ash, the upstream of sodium metabisulfite, rose by 0.34%, the price of sulfur remained stable, and the downstream price of caprolactam fell by 0.12%. The prices of upstream and downstream products rose and fell alternately. The sodium metabisulfite market was weak and lacked favorable support.
Market outlook
The domestic sodium metabisulfite market transaction volume fell short of expectations, and it is expected that the domestic market price will fluctuate and show a weaker trend in the short term.
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