Price trend

According to the commodity market analysis system of SunSirs, the price of sodium metabisulfite in China rose last week. The average price of industrial-grade sodium metabisulfite was 2,333 RMB/ton at the beginning of the week and 2,400 RMB/ton at the end of the week, an increase of 2.86%.

Market ananlysis

Last week, the domestic market price of industrial-grade sodium metabisulfite (96.5% purity) rose. The price of soda ash, an upstream raw material for sodium metabisulfite, remained stable, while the price of sulfur rose by 7.15% and the price of caprolactam, a downstream raw material, rose by 3.78%. The continued growth of sulfur prices had driven up the price of sodium metabisulfite.

Market Outlook

Rising domestic costs of sodium metabisulfite raw materials were supporting prices, and the domestic market price is expected to fluctuate with a slightly upward trend in the short term.

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