May 15 News - On May 15, the price of industrial-grade sodium metabisulfite (96.5% purity) in Hebei was quoted at RMB 4,100/ton, up by RMB 200/ton. The continuous price increases of raw materials such as sulfur and soda ash have created cost pressure, driving up the price of sodium metabisulfite. Chempricehub Analysis: Sodium Metabisulfite Long/Short Rating: 1
On May 15, the quotation for industrial-grade 96.5% sodium metabisulfite in Hebei increased by RMB 200/ton to RMB 4,100/ton. The sustained price hikes of raw materials such as sulfur and soda ash have provided strong cost-side support, pushing spot prices upward, which represents a moderately bullish factor for prices.
Soda Ash Long/Short Rating: 0.5
Soda ash is a core raw material for the production of sodium metabisulfite. Its current price continues to rise, with support from downstream demand. The main 2609 contract closed at RMB 1,208/ton on May 14, with open interest increasing by 51,458 lots compared to the previous trading day. The futures price trend is relatively strong, exerting a moderately positive impact on prices.
Sulfur Long/Short Rating: 0.5
Sulfur is a core raw material for the production of sodium metabisulfite. Its current price continues to rise, with support from downstream demand, providing a moderately positive influence on spot prices.
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