August 21 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 3,993 CNY per ton, and by the end of the week, it was 4,000 CNY per ton, representing a price increase of 0.17%.
This week, the market price of industrial-grade sodium metabisulfite (96.5% content) in China increased. The price of soda ash, an upstream product of sodium metabisulfite, remained stable, while the price of sulfur fell by 2.81%. The previous inventory clearance led to a tight supply of spot goods in the market, and suppliers are strongly willing to hold prices firm. (The above prices refer to the quotations 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 of the manufacturers. For more details, please contact the respective manufacturers.)
Future Market Prediction
Sodium metabisulfite supply in China is tight, and it is expected that prices in the Chinese market may follow a volatile but generally strong trend in the short term.
