According to the Commodity Market Analysis System of Business Society, the domestic price of sodium metabisulfite remained stable and advanced 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 2166.67 yuan/ton, indicating an overall stable and advanced trend.

Supported by a slight rebound in domestic soda ash prices in late April, some enterprises have slightly increased the factory price of sodium metabisulfite in May, driving a slight rebound in the domestic market price of sodium metabisulfite. This week, the overall market price of sodium metabisulfite remained stable and advanced. The domestic industrial grade sodium metabisulfite market price range is 2100-2200 yuan/ton, with most prices concentrated around 2100 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.).

As of May 10th, the domestic soda ash price has risen by 2.96% within the month, and the overall sulfur price has remained stable and moving forward. The overall trend of raw material costs continuing to rise will provide certain support for the domestic sodium metabisulfite market price in the future.

Future Market Forecast

Analysts from Business Society believe that the cost of raw materials continues to rise, and there is still some room for recovery in the domestic market price of sodium metabisulfite in the short term.