Market Report – May 8

On May 8, the price of industrial-grade sodium metabisulfite (96.5% purity) in Hebei was quoted at 4,100 RMB/ton, up 200 RMB/ton. Rising raw material costs—particularly sulfur and soda ash—continue to exert cost pressure, driving up the price of sodium metabisulfite.

Chempricehub Analysis of Sodium Metabisulfite:
Bullish/Bearish Rating: 1

Spot Market: On May 8, industrial-grade sodium metabisulfite (96.5%) in Hebei was quoted at 4,100 RMB/ton, up 200 RMB/ton in a single day. Driven by sustained price increases in upstream raw materials such as sulfur and soda ash, cost-side support remains strong, exerting a generally favorable impact on its price.

Soda Ash:
Bullish/Bearish Rating: 0.5

Downstream demand for products such as sodium metabisulfite provides support for soda ash. On May 7, the main ZCE soda ash contract 2609 closed at 1,266 RMB/ton, up 6 RMB/ton from the previous session, with open interest increasing by 37,025 lots. The market trading sentiment shows improvement, generating a modest positive impact on soda ash prices.