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.

This week, the overall trading volume of the domestic sodium metabisulfite market has been relatively stable, with slight fluctuations in raw material costs. The overall quoted prices of enterprises have remained stable. The price range of the domestic industrial grade sodium metabisulfite market this week is between 2100 and 2200 yuan/ton, with most prices concentrated around 2100 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.).

This week, domestic soda ash prices slightly increased, rising 1.91% within the week. Sulfur prices remained weak, falling 2.45% within the week. Raw material costs fluctuated and continued to move forward. The slight increase in soda ash prices will provide some support for the bottom of sodium metabisulfite prices in the future.

Future Market Forecast

Analysts from Business Society believe that raw material costs have fluctuated slightly, and downstream demand is relatively stable. In the short term, the domestic market price of sodium metabisulfite will continue to fluctuate slightly at the current level.