March 26th News: On March 26th, driven by increased market demand and rising raw material costs, the quoted price for industrial-grade sodium metabisulfite (96.5% purity) in the Shanghai market reached 3,000 RMB/ton, marking an increase of 400 RMB/ton. Inventory levels are approximately 10%. Chempricehub analysis of sodium metabisulfite, with a bullish-bearish score of 2: Influenced by significantly higher market demand and rising raw material costs, the spot price of sodium metabisulfite has surged by 400 RMB/ton to 3,000 RMB/ton. With inventory levels at only around 10%, this indicates tight supply. It is anticipated that spot prices may continue to rise in the future, presenting a significant positive outlook for the market.
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