Domestic sodium metabisulfite price trend chart
| Sodium Molybdate |
According to the Commodity Market Analysis System of Business Society, the domestic price of sodium metabisulfite continued to be weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2316.67 yuan/ton, and the average price over the weekend was 2183.33 yuan/ton, a decrease of 5.76% during the week.
Due to the continuous decline in upstream raw material prices, enterprises have lowered the exit price of sodium metabisulfite again this week. The domestic industrial grade sodium metabisulfite market price range is 2150-2300 yuan/ton, with most prices concentrated around 2150-2200 yuan/ton. The inventory of the enterprise is about 30%, and the enterprise mainly completes orders from old customers. (The above prices refer to quotes from mainstream domestic enterprises, and some companies that have not been quoted are temporarily not within their scope. The prices are for reference only and are not related to the final pricing of the manufacturer. For more details, please contact each manufacturer for consultation.).
As of March 8th, the price of upstream soda ash has dropped by 6.85% within the month, while the price of sulfur has dropped by 0.33%. The continued weakness of raw material prices will further suppress the domestic market price of sodium metabisulfite in the future.
Future Market Forecast
Analysts from Business Society believe that costs remain weak, and in the short term, the domestic market price of sodium metabisulfite will continue to operate under pressure.
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