SunSirs: Trading Was Light, and the Price of Sodium Metabisulfite Was Weak and Falling

https://www.chemnet.com   Jul 29,2024 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 2,136 RMB/ton, and the average price over the weekend was 2,126 RMB/ton, a decrease of 0.47% during the week.

Analysis review

This week, the domestic industrial grade sodium metabisulfite market price range was 1,950-2,100 RMB/ton, with most prices concentrated around 2,000 RMB/ton. The upstream soda ash price of sodium metabisulfite was temporarily stable, and the sodium metabisulfite market was mainly dominated by inquiries, resulting in lower than expected sales.

Market outlook

SunSirs’ analysts believe that the trading volume of sodium metabisulfite market is weak, and the domestic market price may mainly fluctuate to be weaker in the short term.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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