This week, sodium metabisulfite prices rose (8.18-8.22) in China
August 22, News
China Sodium Metabisulfite Price Trend
According to the commodity market analysis system, the price of sodium metabisulfite in China increased this week. The average price of industrial-grade sodium metabisulfite at the beginning of the week was 2,000 CNY per ton, and by the end of the week, it had risen to 2,033 CNY per ton, an increase of 1.67%.
This week, the price of industrial-grade sodium metabisulfite in China increased. The price of soda ash, an upstream product of sodium metabisulfite, remained stable, while the price of sulfur rose by 0.51%. The price of downstream caprolactam fell by 0.37%, with both upstream and downstream products showing mixed price movements. The increase in the price of upstream raw materials was more significant, and market transaction conditions should be closely monitored. (The above prices refer to the quotes from major Chinese companies. Some companies that have not reported their prices are not included in this range. The prices are for reference only and are not related to the final pricing by manufacturers. For more details, please contact the respective manufacturers.)
Future Market Forecast
The cost support in the Chinese sodium metabisulfite market suggests that prices in China may mainly follow a volatile but relatively strong trend in the short term.
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