January 12th News: On January 12th, the quotation for industrial-grade sodium metabisulfite (content 96.5%) in the Hunan market was 2,300 yuan per ton, with a price increase of 50 yuan per ton. Due to rising raw material costs and increased demand, the price of sodium metabisulfite continues to rise. Chempricehub's analysis of sodium metabisulfite shows a bullish-bearish score of 1.5. The article indicates that the spot quotation for industrial-grade sodium metabisulfite (content 96.5%) in the Hunan market has increased by 50 yuan per ton to 2,300 yuan per ton, driven by rising raw material costs and increased end-user demand, leading to a sustained price increase. The pressure from raw material costs, combined with recovering demand, has resulted in tight supply, pushing spot prices upward. Considering the current market trend, this positive factor provides significant support for the spot price of sodium metabisulfite, and prices are expected to remain firm in the short term. Score 1.5 (moderately bullish or above) is based on the magnitude and sustained trend of the price increase, though it has not yet reached a major bullish level.
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