According to the Commodity Market Analysis System of Shengyi Society, the price of domestic sodium metabisulfite has risen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1886 yuan/ton, and the average price over the weekend was 1916 yuan/ton, with a price increase of 1.595%.

This week, the domestic industrial grade sodium metabisulfite market prices have risen. The upstream soda ash prices of sodium metabisulfite have fallen by 1.85%, sulfur prices have fallen by 2.14%, and downstream caprolactam prices have fallen by 1.9%. The impact of cost reduction has not yet been apparent, and the low inventory and favorable transactions in the sodium metabisulfite market have supported the price increase. (The above prices refer to the quotes provided by mainstream domestic enterprises, and some unreported enterprises are temporarily 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.).

Future forecast

At present, the transaction volume of sodium metabisulfite market is accelerating, and it is expected that the domestic market price will mainly fluctuate with a strong trend in the short term.