SunSirs: The Price of Sodium Metabisulfite Continued to Remain Stable This Week (December 18-22)
December 27 2023 10:06:07 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite continued to remain stable this week, with an average price of 2,500.00 RMB/ton for industrial grade sodium metabisulfite at the beginning of the week and an average price of 2,500.00 RMB/ton over the weekend.
Analysis review
This week, upstream raw material prices continued to remain stable, while raw material costs remained stable. The overall market price of industrial grade sodium metabisulfite in China remained stable this week, in the range of 2,450-2,600 RMB/ton. The company's inventory was around 30%, and it mainly completed orders from old customers.
This week, domestic soda ash prices continued to remain stable, with a slight decrease in sulfur prices, which fell by 1.8% within the week. The overall cost of raw materials remained stable, and the market price of sodium metabisulfite will stabilize in the future.
Market outlook
SunSirs’ analysts believe that raw material costs had stabilized, downstream demand was stable, and the domestic market price of sodium metabisulfite will continue to remain stable in the short term.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-04-24 SunSirs: This Week, the Price of Sodium Metabisulfite Remained Stable and Continued to Move Forward (April 15-19)
- 2024-04-16 SunSirs: The Price of Sodium Metabisulfite Was Running to Be Weaker This Week (April 8-12)
- 2024-04-09 SunSirs: The Price of Sodium Metabisulfite Continuedto Be Weak
- 2024-04-03 SunSirs: The Price of Sodium Metabisulfite Remained Weak in March
- 2024-03-26 SunSirs: The Price of Sodium Metabisulfite Was Weaker This Week (March 18-22)
