On February 9, the quoted price for industrial-grade sodium metabisulfite (96.5% purity) in Hebei was 2,300 yuan per ton, an increase of 50 yuan per ton. The prices of raw materials such as sulfur and soda ash remained high and volatile, driving up the cost pressure and consequently pushing up the price of sodium metabisulfite.

PriceSeek Analysis: Sodium Metabisulfite
Bull-Bear Score: 1.5
The article indicates that the quoted price for industrial-grade sodium metabisulfite in Hebei increased by 50 yuan per ton to 2,300 yuan per ton, primarily driven by the high cost of raw materials such as sulfur and soda ash. In the spot market, cost pressures have led suppliers to raise prices, and demand-side acceptance may increase, which is favorable for the upward movement of spot prices. The overall assessment is moderately bullish, as the direct price increase reflects effective cost transmission.

Sulfur
Bull-Bear Score: 0
The article mentions that sulfur prices are high and volatile but does not provide specific information on price movements. As a raw material for sodium metabisulfite, high sulfur prices may maintain cost support, but the volatile pattern suggests a lack of clear direction in the short term. At the spot level, the supply-demand balance has not changed significantly, with neutral influences dominating.

Soda Ash
Bull-Bear Score: -0.5
The article notes that soda ash prices are high and volatile, contributing to the rising cost of sodium metabisulfite. In the futures market, data from February 9, 2026, shows that soda ash contracts on the Zhengzhou Commodity Exchange (e.g., the 2606 contract closing at 1,210 yuan per ton, down 7.00; the 2610 contract closing at 1,257 yuan per ton, down 10.00) generally declined, with weak changes in open interest, reflecting cautious market expectations regarding soda ash supply and demand. While spot prices remain high, the decline in futures prices results in a slightly bearish overall assessment, as cost support may be partially offset by bearish sentiment in the futures market.