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Sodium metabisulfite/sodium metabisulphite/smbs price picked up slightly after the year (2.7-2.11)

Addtime:2022/2/16 hits:

Sodium metabisulfite price picked up slightly after the year (2.7-2.11)

Domestic sodium metabisulfite price trend chart


 

The domestic sodium metabisulfite price picked up slightly this week, with the average price of industrial-grade sodium metabisulfite at CNY 2400.00/ton at the beginning of the week and CNY 2566.67/ton at the end, up 6.94% during the week

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After the Chinese New Year, supported by the upstream soda ash prices, manufacturers raised the factory price of sodium metabisulfite one after another, driving the domestic sodium metabisulfite market price to pick up slightly after the New Year, with the domestic industrial grade sodium metabisulfite market price range of CNY 2400-2700/ton this week, with most prices concentrated around CNY 2500/ton. Enterprises to complete the orders of old customers mainly, the increase of new orders is limited. (The above prices refer to the domestic mainstream enterprises' external quotations, some unreported enterprises are not in their scope for the time being, the prices are for reference only and have nothing to do with the final pricing of manufacturers, please contact the manufacturers for details).

Since February 1, domestic soda ash prices rose 6.86%, sulfur prices rose 0.93%, raw material prices are higher again, cost recovery will play a further support to the market price of sodium metabisulfite.

Post-market forecast

Our analysts believe that in the short term, sodium metabisulfite market prices are expected to follow the overall stable and strong operation of raw material cost prices.

 

 


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