SunSirs: Lack of Favorable Support, the Sodium Metabisulfite Price Was Weak

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has been weak and declining this month. The average price of industrial grade sodium metabisulfite at the beginning of the month was 1,873 RMB/ton, and the average price at the end of the month was 1,853 RMB/ton, a decrease of 1.07% during the month.

Analysis review

This month, the domestic industrial grade sodium metabisulfite market price range was 1,800-1,850 RMB/ton. The upstream soda ash price of sodium metabisulfite had fallen by 1.16%, sulfur price had risen by 3.63%, and downstream CPL had fallen by 1.12%. The falling products dominated, and market transactions were average.

Market outlook

As of December 27th, the sales of sodium metabisulfite in the market were average, and it is expected that the domestic market price will mainly fluctuate in the short term.

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