SunSirs: Sales Were Weak, and the Price of Sodium Metabisulfite Had Fallen

https://www.chemnet.com   Sep 09,2024 SsunSirs

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 2,043 RMB/ton, and the average price over the weekend was 2,030 RMB/ton, a decrease of 0.65% during the week.

Analysis review

This week, the domestic industrial grade sodium metabisulfite market price ranged was 1,850-1,950 RMB/ton. The upstream soda ash price of sodium metabisulfite remained stable this week, and the market for sodium metabisulfite was mainly driven by orders, with transactions falling short of expectations.

Market outlook

As of September 6th, the trading volume of sodium metabisulfite was light, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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