April 23 News – On April 23, driven by increased market demand and rising raw material prices, the ex-works price of industrial-grade sodium metabisulfite (content 96.5%) in the Shanghai market was quoted at 4,100 RMB/ton, an increase of 300 RMB/ton, with inventory levels at approximately 20%. According to Chempricehub’s analysis of sodium metabisulfite, the bullish-bearish score stands at 2. The surge in market demand combined with higher raw material costs has pushed the spot price of sodium metabisulfite up sharply by 300 RMB/ton to 4,100 RMB/ton. Low inventory levels, at just 20%, indicate tight supply conditions. With significantly bullish factors in play, the price is expected to maintain a strong upward trend in the short term, benefiting the spot market.