Price trend of domestic sodium metabisulfite

According to the monitoring of the business community, the price of domestic sodium metabisulfite was weak this week. The average price of industrial sodium metabisulfite at the beginning of the week was 2366.67 yuan/ton, and the average price at the weekend was 2350.00 yuan/ton, a small drop of 0.70%.

The overall performance of domestic sodium metabisulfite market was average this week. The price range of industrial grade sodium metabisulfite was 2300-2450 yuan/ton, and most prices were concentrated around 2350 yuan/ton. The inventory of the enterprise is about 30%, and the enterprise mainly completes orders from old customers.

Since the beginning of December, the price of domestic soda ash has risen by 0.08%, and the price of sulfur has risen by 8.18%. The price of raw materials has recovered slightly after stabilizing. The small recovery of raw material costs will form a certain support for the future market price of sodium metabisulfite.

Future market forecast

Analysts from the business community believe that the upstream raw material cost has stopped falling and picked up slightly, and the domestic sodium metabisulfite market price will also follow the overall weakness of the cost and become stable.