The domestic price of sodium metabisulfite continued to rise this week, with an average price of 2450.00 yuan/ton for industrial grade sodium metabisulfite at the beginning of the week and an average price of 2500.00 yuan/ton over the weekend, up 2.04% during the week.
| Sodium Molybdate |
In December, supported by the continuous increase in raw material prices, enterprises have once again raised the factory price of sodium metabisulfite, driving the domestic market price of sodium metabisulfite to continue to rise. This week, the domestic industrial grade sodium metabisulfite market price range was 2400-2800 yuan/ton, with most prices concentrated around 2400-2600 yuan/ton. The inventory of enterprises continues to be low, and the overall supply of sodium metabisulfite market is tight. Enterprises mainly fulfill orders from old customers. (The above prices refer to the quotations from mainstream domestic enterprises, and some enterprises that have not been reported are not within their scope. The prices are for reference only and are not related to the final pricing of the manufacturers. For details, please contact each manufacturer for consultation.).
As of December 8th, domestic soda ash prices have continued to rise, rising by 6.11% within the month. Sulfur prices have remained stable and are expected to continue to rise, which will provide some support for the future market price of sodium metabisulfite.
Future Market Forecast
Analysts believe that under the dual support of cost and demand, the domestic market price of sodium metabisulfite will continue to remain strong in the short term.
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