SunSirs: The Atmosphere Was Quiet, and the Price of Sodium Metabisulfite Had Fallen

https://www.chemnet.com   Jul 22,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite had been weak this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2,143 RMB/ton, and the average price over the weekend was 2,136 RMB/ton, a decrease of 0.31% during the week.

Analysis review

This week, the domestic industrial grade sodium metabisulfite market price range was 2,100-2,200 RMB/ton, with most prices concentrated around 2,100 RMB/ton. The upstream price of sodium metabisulfite was stable, and the market atmosphere for sodium metabisulfite was quiet, with orders being the main source of sales.

Market outlook

SunSirs’ analysts believe that the sodium metabisulfite market was experiencing sluggish trading, and domestic market prices may mainly fluctuate in the short term.

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