Price trend
According to the commodity market analysis system of SunSirs, the domestic price of sodium metabisulfite is stable this week. The average price of industrial-grade sodium metabisulfite was 1,950 RMB/ton at the beginning of the week and the average price is 1,950 RMB/ton at the weekend, and the price was stable.
Analysis review
This week, the domestic industrial-grade sodium metabisulfite (content 96.5%) market price is stable, the upstream soda ash price of sodium metabisulfite is stable, the sulfur price rose by 5.4%, and the downstream caprolactam price falls by 0.67%. The upstream and downstream markets see alternating rises and falls, and the sodium metabisulfite market performs steadily.
Market outlook
The domestic sodium metabisulfite market transaction volume falls 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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