May 9 News
On May 9, driven by increased market demand and rising raw material prices, the quotation for industrial-grade sodium metabisulfite (content 96.5%) in the Shanghai market stood at 4,100 yuan/ton, up 300 yuan/ton, with inventory at around 20%.
Chempricehub Analysis of Sodium Metabisulfite
Bullish/Bearish Rating: 1
Supported by the dual positive factors of growing market demand and higher raw material costs, the quotation for industrial-grade sodium metabisulfite (content 96.5%) in the Shanghai market has increased by 300 yuan/ton to 4,100 yuan/ton. Current inventory levels are relatively low at only about 20%, providing strong support to spot prices and overall favoring a bullish price trend.
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