This Week's Sodium Metabisulfite Prices Remain Stable (1.12-1.16) in China
January 16 news
China Sodium Metabisulfite Price Trend
According to the commodity market analysis system, the price of sodium metabisulfite in China remained stable this week. The average price of industrial-grade sodium metabisulfite at the beginning of the week was 2,250 CNY per ton, and by the end of the week, it had risen to an average of 2,276 CNY per ton, representing a price increase of 1.19%.
This week, the market price of industrial-grade sodium metabisulfite (96.5% content) in China increased. The upstream soda ash price remained stable, while the sulfur price rose by 3.31%. The downstream caprolactam price fell by 0.82%. The continuous rise in the price of the upstream raw material, sulfur, drove the increase in the price of sodium metabisulfite. (The above prices refer to the quotes from major Chinese companies; some companies that have not reported their prices are not included. 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 Prediction
The cost of sodium metabisulfite in China has risen strongly, supported by favorable factors, and it is expected that the market price in China will mainly follow a trend of fluctuation with a bias towards strength in the short term.
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