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 3,366 RMB/ton at the beginning of the week and 3,916 RMB/ton by the end of the week—a price increase of 16.34%.

Market analysis

This week, domestic market prices for industrial-grade sodium metabisulfite (96.5% purity) rose. Upstream, the price of soda ash—a key raw material for sodium metabisulfite—remained stable, while sulfur prices increased by 0.50%; downstream, caprolactam prices rose by 0.98%. The continued upward trend in the price of the upstream raw material, sulfur, served as the primary driver behind the rise in sodium metabisulfite prices.

Market outlook

Rising domestic raw material costs for sodium metabisulfite continue to underpin prices; in the short term, domestic market prices are expected to exhibit a predominantly volatile yet stronger trend.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.