Price trend

According to the SunSirs Commodity Market Analysis System, domestic prices for sodium metabisulfite rose this week. The average price for industrial-grade sodium metabisulfite stood at 2,400 RMB/ton at the beginning of the week and 2,423 RMB/ton by the end of the week, representing an increase of 0.97%.

Market analysis

Last week, the domestic market price of industrial-grade sodium metabisulfite (96.5% purity) rose. Upstream prices for sodium metabisulfite, such as soda ash, increased by 0.67%, and sulfur by 4.4%, while downstream caprolactam prices fell by 4.58%. The continued upward trend in prices of upstream raw materials, soda ash and sulfur, drove up the price of sodium metabisulfite.

Market outlook

Rising raw material costs for sodium metabisulfite domestically are providing price support; In the short term, domestic market prices are expected to exhibit a predominantly volatile yet upward trend. 

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