January 14th Update
On January 14th, the quoted price for industrial-grade sodium metabisulfite (96.5% purity) in the Shanghai market was 2,300 RMB per ton, marking an increase of 50 RMB per ton. Inventory levels are approximately 30% of capacity.
Chempricehub Analysis: Sodium Metabisulfite
Bull-Bear Score: +1
The report indicates that the spot price of industrial-grade sodium metabisulfite in the Shanghai market has risen by 50 RMB per ton to 2,300 RMB per ton, with inventory levels only around 30% of capacity. This suggests tight supply and potentially strong demand. The price increase directly reflects a supply-demand imbalance in the spot market, which is favorable for short-term price trends.
Score: +1 (Mildly Bullish)
Based on the positive signals from the price uptrend and low inventory levels, spot prices are expected to continue rising moderately.
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