SunSirs: Lack of Favorable Support, and the Price of Sodium Metabisulfite Fell

https://www.chemnet.com   Oct 21,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite had fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,923 RMB/ton, and the average price over the weekend was 1,916 RMB/ton, a decrease of 0.35% during the week.

Analysis review

This week, the domestic industrial grade sodium metabisulfite market prices had been weak. The upstream soda ash prices of sodium metabisulfite had remained stable, with sulfur prices rising by 3.06% and downstream CPL prices falling by 0.65%. The sodium metabisulfite market had weak transactions and lacked favorable support.

Market outlook

As of October 18th, the sales of sodium metabisulfite in the market were mainly based on orders, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

 Print  |    add to Favorites  |    Close