Price trend of domestic sodium metabisulfite

According to the monitoring of the business community, the price of domestic sodium metabisulfite continued to fall this week. The average price of industrial sodium metabisulfite at the beginning of the week was 2533.33 yuan/ton, and the average price at the weekend was 2466.67 yuan/ton, down 2.63% during the week.

The overall situation of sodium metabisulfite market this week was average. Influenced by the continuous weak cost, some enterprises lowered the factory price slightly again in November. The market price range of industrial grade sodium metabisulfite was 2400-2500 yuan/ton. The inventory of enterprises was about 30%. The increase of new orders was limited. Enterprises mainly completed orders from old customers.

In October, the price of domestic soda ash fell by 0.75%, the price of sulfur fell by 11.88%, and the cost of raw materials fell again, which will suppress the market price of sodium metabisulfite in the future.

Future market forecast

According to the analysts of the business community, the cost is falling again, and the downstream has a strong wait-and-see attitude. In the short term, the domestic sodium metabisulfite market price is under pressure.