Weak sales, price of sodium metabisulfite declined.
The price of domestic sodium metabisulfite experienced a decrease this week. At the start of the week, the average price for China sodium metabisulfite was 2,010 CNY/ton, but by the weekend, it had dropped to 1,976 CNY/ton, reflecting a decline of 1.66%.
Market Analysis Of China Sodium Metabisulfite
This week, prices for domestic sodium metabisulfite remained weak. Contributing factors included a 1.73% drop in the price of soda ash, a key raw material, and a 2.16% decline in the price of downstream CPL (caprolactam). The market for China sodium metabisulfite saw sluggish activity, leading to a downward trend in prices.
Market Prediction Of China Sodium Metabisulfite
As of September 20th, market inquiries have been the primary focus. In the short term, domestic sodium metabisulfite prices are expected to continue fluctuating with a potential for further weakening.
Qingdao Tianya Chemical Co., Ltd is the major producer of sodium metabisulfite in China, we have been exporting China sodium metabisulfite in the past 20 years. If you have any inquiry or demand for China sodium metabisulfite, pls contact with us: sales@sodiummmetabisulfite.cn.
