April 17th — On April 17th, the quoted price for industrial-grade sodium metabisulfite (96.5% purity) in Hebei was 4,000 RMB per ton, an increase of 400 RMB per ton. The sustained rise in raw material prices, such as sulfur and soda ash, has driven up the cost pressure, leading to the price increase of sodium metabisulfite.
Chempricehub’s analysis of sodium metabisulfite shows a long-short rating of 1.5. The article indicates that the quoted price for industrial-grade sodium metabisulfite in Hebei rose by 400 RMB per ton to 4,000 RMB per ton, primarily driven by the continuous increase in raw material costs such as sulfur and soda ash. This reflects growing production cost pressures, while demand may be supported by increased stocking needs, benefiting spot prices. The rating of 1.5 is due to the significant but not extreme price increase, representing a moderate positive factor.
Sulfur, with a long-short rating of 1, is a key raw material for sodium metabisulfite. The sustained rise in sulfur prices reflects supply tightness or increased demand, with cost pressures being transmitted to downstream products. This benefits sulfur spot prices and may stimulate market purchasing activity. The rating of 1 is due to the clear cost-driven effect, though no extreme events are involved, representing a moderate positive factor.
Soda ash, with a long-short rating of 1.5, has seen continuous price increases as a raw material, directly raising the cost of sodium metabisulfite and benefiting soda ash spot prices. In the futures market, the main soda ash contract (e.g., 2609) recently rose by 13 RMB per ton, with a settlement price of 1,235 RMB per ton, high trading volume, and increased open interest, indicating strong market optimism. Cost support combined with the upward trend in futures prices benefits the overall price outlook. The rating of 1.5 is due to the dual positive factors in both spot and futures markets, with stable price increases.
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