Price trend of domestic sodium metabisulfite
According to the monitoring of the SunSirs, the price of domestic sodium metabisulfite was strong this week. The average price of industrial grade sodium metabisulfite was 3133.33 RMB/ton at the beginning of the week and 3150 RMB/ton at the end of the week, up 0.53% during the week.
The overall performance of domestic sodium metabisulfite market this week is acceptable. The market price range of industrial sodium metabisulfite is 2900-3400 RMB/ton, and most prices are concentrated near 3100-3200 RMB/ton. The enterprise inventory is about 30%, and the enterprise mainly completes the orders of old customers. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact manufacturers for details).
Since the beginning of May, the price of domestic soda ash has increased by 2.33% and the price of sulfur has increased by 11.71%. The continuous rise in the price of upstream raw materials will further support the market price of domestic sodium metabisulfite in the future.Future forecast
SunSirs believes that the cost of raw materials continues to rise, the downstream demand is stable as a whole, and the domestic market price of sodium metabisulfite will continue to be stable, medium and strong in the short term.
