Price trend of domestic sodium metabisulfite

According to the monitoring of the business community, the price of domestic sodium metabisulfite was weak and stable in October. The average price of industrial sodium metabisulfite on October 1 was 2600.00 yuan/ton, and the average price on October 31 was 2533.33 yuan/ton, down 2.56% in the month as a whole.

Affected by the continuous low upstream cost, some enterprises lowered the factory price slightly again in October, driving the domestic sodium metabisulfite market price to adjust again. From the middle of the year, the price of upstream raw materials was generally weak and stable, and then fluctuated slightly. The overall inventory of sodium metabisulfite industry was relatively low. Supported by factors such as stable cost decline and tight market supply, the price of domestic sodium metabisulfite market was generally weak and stable.

As of October 31, the price of soda ash fell slightly by 0.75% in the month, and the price of sulfur fell again, down 11.88% in the month. The bottom of raw material cost fluctuated weakly, and the downstream had a strong wait-and-see attitude. In the future, the domestic sodium metabisulfite market price was not sufficiently motivated to recover.

Future market forecast

According to the analysts of the business community, the raw material cost fluctuates at a low level, and the downstream trade subjects have a strong wait-and-see attitude. In the short term, the domestic sodium metabisulfite market price is in a dilemma of rising and falling, and the overall market will continue to move forward at the current level with small fluctuations.