Domestic sodium metabisulfite price trend chart

According to the Commodity Market Analysis System of Business Society, the price of domestic sodium metabisulfite was weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2166.67 yuan/ton, and the average price over the weekend was 2150.00 yuan/ton, a decrease of 0.77% during the week.

Affected by the further decline in upstream raw material prices, some enterprises have lowered the factory price of sodium metabisulfite again this week, driving the domestic market price of sodium metabisulfite to continue to decline weakly. This week, the market price range of industrial grade sodium metabisulfite is 2100-2200 yuan/ton, with most prices concentrated around 2100-2150 yuan/ton. The inventory of the enterprise is about 30%, and the overall supply and demand of sodium metabisulfite market is stable, with the enterprise mainly completing 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 fell by 2.94%, while sulfur prices increased by 0.64%. Overall, the upstream raw material prices of sodium metabisulfite have fluctuated downward, and lower costs will further suppress the market price of sodium metabisulfite in the future.

Future Market Forecast

Analysts from Business Society believe that under the sustained weak cost suppression, the domestic market price of sodium metabisulfite will continue to be under pressure and operate weakly in the short term.