Price trend
According to the commodity market analysis system of SunSirs, the domestic price of sodium metabisulfite rose last week; the average price of industrial-grade sodium metabisulfite was 3,983 RMB/ton at the beginning of the week and 3,986 RMB/ton at the end of the week, representing an increase of 0.08%.
Market analysis
last week, the domestic market price for industrial-grade sodium metabisulfite (96.5% purity) rose. Among upstream raw materials, the price of soda ash fell by 0.96%, while the price of sulfur increased by 0.9%. Driven by a combination of rising upstream raw material costs, supply tightness caused by environmental protection-related production curbs, and the release of essential downstream demand, prices overall remain at a relatively high historical level.
Market Outlook
Driven by rising raw material costs and tight supply, domestic market prices for sodium metabisulfite are expected to exhibit a trend of fluctuation with an upward bias in the short term.
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