Price trend of domestic sodium metabisulfite

According to the monitoring of the business community, the price of domestic sodium metabisulfite continued to be weak this week. The average price of industrial sodium metabisulfite at the beginning of the week was 2433.33 yuan/ton, and the average price at the weekend was 2366.67 yuan/ton, down 2.74% during the week.

In December, affected by the continuous low cost of raw materials and the continued weakness of downstream demand, some enterprises lowered the ex factory price of sodium metabisulfite again, driving the domestic market price of sodium metabisulfite to continue to decline. This week, the domestic market price range of industrial sodium metabisulfite was 2300-2500 yuan/ton, and most of the prices were concentrated around 2350 yuan/ton. Enterprises mainly completed orders from old customers. (The above prices refer to the external quotation of domestic mainstream enterprises. Some enterprises that have not been quoted are temporarily excluded from their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation.).

In November, the domestic soda ash price was weak, falling by 0.45% in the month. In November, the domestic sulfur price continued to rebound, rising by 11.32% in the month. The raw material cost fluctuated at a low level, and the market price of sodium metabisulfite in the future recovered and came under pressure.

Future market forecast

The analysts of the business community believe that the raw material cost fluctuates at a low level, and the downstream purchase and sales are cautious. In the short term, the domestic sodium metabisulfite market price will recover and bear pressure.