ChemPriceHub reminds: Shanghai sodium metaperiodate price rise, low inventory.

On December 29th, the industrial grade sodium metasilicate (containing 96.5% by weight) in the Shanghai market was quoted at 2200 yuan per ton, with a price increase of 50 yuan per ton. The inventory level is around two-tenths. PriceSeek assessed the sodium metasilicate, giving a bullish rating of 1. The sodium metasilicate spot price has risen by 50 yuan per ton to 2200 yuan per ton, with a low inventory level (about 20%) indicating a tight market supply and increased demand, which supports the current spot price positively. The upward trend in prices is likely to continue, driven by industrial demand.