According to the Commodity Market Analysis System of Shengyi Society, the price of domestic sodium metabisulfite has risen this week. The average price of industrial grade sodium metabisulfite at the beginning of the week was 2486 yuan/ton, and the average price over the weekend was 2583 yuan/ton, with a price increase of 3.89%.
This week, the market price of industrial grade sodium metabisulfite (with a content of 96.5%) in China has increased. The upstream price of sodium metabisulfite is stable, while the price of sulfur has increased by 4.33% and the downstream price of caprolactam has increased by 1.61%. The growth of upstream raw materials such as soda ash and sulfur is difficult to stop, which has driven up the price of sodium metabisulfite. (The above prices refer to the quotes provided by mainstream domestic enterprises, and some unreported enterprises are temporarily not within their scope. The prices are for reference only and are not related to the final pricing of the manufacturers. For details, please contact each manufacturer for consultation.).
Future forecast
The continuous rise in domestic raw material costs of sodium metabisulfite supports prices, and it is expected that the domestic market prices will mainly fluctuate with a strong trend in the short term.