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 2100.00 yuan/ton, and the average price over the weekend was 2083.33 yuan/ton, a decrease of 0.79% during the week.

Entering April, domestic soda ash prices have continued to be weak, and under the pressure of weak raw material costs, some manufacturers have lowered the factory price of sodium metabisulfite again this week. The market price range for industrial grade sodium metabisulfite this week is 2000-2150 yuan/ton, with most prices concentrated around 2000-2100 yuan/ton. The inventory of the enterprise is about 30%, mainly to complete 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.).

This week, domestic soda ash prices remained weak and stable, with a slight increase in sulfur prices. The price rose by 5.69%, and raw material costs stopped falling and stabilized. The slight rebound will provide some support for the future market price of sodium metabisulfite.

Future Market Forecast

Business Society analysts believe that raw material costs are weak and stabilizing, and the domestic market price of sodium metabisulfite is expected to follow the overall cost stabilization.