SunSirs: Slow Shipment, the Price of Sodium Metabisulfite Dropped

https://www.chemnet.com   Sep 27,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has been weak this month. The average price of industrial grade sodium metabisulfite at the beginning of the month was 2,050 RMB/ton, and the average price at the end of the month was 1,953 RMB/ton, a decrease of 4.72% during the week.

Analysis review

This month, the domestic market price range for industrial grade sodium metabisulfite is 1,650-1,850 RMB/ton, with most prices concentrated around 1,800 RMB/ton. The upstream soda ash price of sodium metabisulfite has fallen by 10.83% this month, sulfur has fallen by 1.9%, and downstream CPL has fallen by 5.33%. The market for sodium metabisulfite is slow, mainly driven by inquiries.

Market outlook

At present, the sodium metabisulfite market lacks favorable support, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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