Sodium metabisulfite market update: Lack of favorable news support, Sodium Metabisulfite price declined.
China sodium metabisulfite price saw a slight decrease last week. The average price for sodium metabisulfite began the week at 1,923 CNY/ton and dropped to 1,916 CNY/ton by the weekend, marking a 0.35% decline.
Market Analysis Of China Sodium Metabisulfite
Last week, the market for sodium metabisulfite remained weak. Upstream, soda ash prices held steady, while sulfur prices rose by 3.06%. On the other hand, downstream CPL (caprolactam) prices dropped by 0.65%. Overall, sodium metabisulfite market experienced weak transactions and lacked significant support.
Market Trend Of China Sodium Metabisulfite
As of October 20th, market sales were primarily order-based. In the short term, China sodium metabisulfite price is expected to fluctuate and show further weakening.
Qingdao Tianya Chemical Co., Ltd, leading China manufacturer and supplier of sodium metabisulfite, we supply different grades of sodium metabisulfite for various industries, if you plan to purchase sodium metabisulfite, contact with us via sales@sodiummetabisulfite.cn and get a quote.
