April 7th News
On April 7th, 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 3,800 yuan per ton, marking an increase of 400 yuan per ton. Current inventory levels are approximately 10%.
Chempricehub Analysis of Sodium Metabisulfite
Bull-Bear Score: 2
Driven by rising market demand and increasing raw material costs, the spot price of sodium metabisulfite has surged significantly by 400 yuan per ton to 3,800 yuan per ton. With inventory levels at only around 10%, this indicates tight supply and strong demand, constituting a major positive factor for spot prices. This price increase reflects a short-term supply-demand imbalance, which may further fuel bullish market expectations.
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