SunSirs: The Transaction Is Not Active, and the Price of Sodium Metabisulfite Has Fallen

https://www.chemnet.com   Nov 08,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic price of sodium metabisulfite has fallen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 1,903 RMB/ton, and the average price over the weekend was 1,893 RMB/ton, a decrease of 0.53% during the week.

Analysis review

This week, the domestic market price of industrial grade sodium metabisulfite fell. The upstream soda ash price of sodium metabisulfite remained stable, with sulfur prices rising by 1.66% and downstream CPL prices falling by 4.14%. The sodium metabisulfite market is mainly dominated by inquiries and lacks favorable support.

Market outlook

At present, the trading volume of sodium metabisulfite market is light, and it is expected that the domestic market price will mainly fluctuate and weaken in the short term.

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