May 13 News
On May 13, driven by increased market demand and rising raw material costs, the quotation for industrial-grade sodium metabisulfite (96.5% purity) in the Shanghai market stood at RMB 4,100/ton, up RMB 200/ton from the previous level, with inventory at approximately 20% of capacity.
Chempricehub Analysis on Sodium Metabisulfite – Bullish/Bearish Rating: 1
Supported by dual positive factors of higher market demand and escalating raw material prices, the Shanghai market quotation for industrial-grade sodium metabisulfite (96.5% purity) rose by RMB 200/ton to RMB 4,100/ton on May 13. Current inventory levels are low, accounting for only about 20% of capacity, providing positive support for spot prices.
Comments
0