Price trend of domestic Sodium metabisulfite

According to the commodity market analysis system of the business community, the domestic price of Sodium metabisulfite was slightly weak in July, and then the overall weakness became stable. The average price of industrial Sodium metabisulfite was 1966.67 yuan/ton on July 1, 1866.67 yuan/ton on July 31, down 5.08% in the month.

Pressed by the sharp decline in the price of upstream raw materials, the manufacturer slightly lowered the ex factory price in July, driving the price of domestic Sodium metabisulfite market to further decline. In the first ten days, the mainstream price of domestic industrial Sodium metabisulfite market fell to around 1800-1900 yuan/ton as a whole. Since the middle of the year, the price of domestic soda ash has rebounded slightly, the price of sulfur has rebounded from the bottom, the cost of raw materials has stopped falling and rebounded, and the domestic Sodium metabisulfite has moved forward steadily as a whole.

In July, the price of domestic calcined soda rose slightly, rising 5.1% in the month, and the price of calcined soda rose significantly, rising 18.69% in the month. The rebound of raw material cost will strongly support the price of domestic Sodium metabisulfite market in the future.

Future Market Forecast

Analysts from the business community believe that the cost of raw materials has stopped falling and rebounded, and downstream trade entities are more willing to stock up. Supported by costs and demand, it is expected that the overall price of domestic Sodium metabisulfite market will rebound in August.