According to the Commodity Market Analysis System of Business Society, the domestic price of sodium metabisulfite stabilized this week and then remained stable. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2500.00 yuan/ton, and the average price over the weekend was 2500.00 yuan/ton, indicating overall stability.

Due to the stabilizing trend of raw material prices and the strong wait-and-see attitude of downstream trading entities, the overall quoted prices of domestic sodium metabisulfite enterprises have remained stable this week, with a market price range of 2450-2600 yuan/ton for industrial grade sodium metabisulfite. The product inventory is about 30%, and the company mainly completes 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.).

This week, domestic soda ash prices slightly increased, rising 0.72% within the week, while sulfur prices slightly increased, rising 3.46% within the week. The upward trend of upstream product prices slowed down during the week, and the overall fluctuation of raw material costs stabilized. The market price of sodium metabisulfite in the future lacks further upward momentum.

Future Market Forecast

Analysts from Business Society believe that the rising trend of raw material costs is stabilizing, and downstream trading entities are adopting a more wait-and-see attitude. The domestic market price of sodium metabisulfite lacks sufficient momentum to continue rising, and it will remain stable in the short term.