SunSirs: The Terminal Demand Was Poor, and the Hydrogen Peroxide Market Fell in October

Price trend

According to the market analysis system of SunSirs, in October, the hydrogen peroxide market oscillated and fell by over 40%. At the beginning of the month, the average market price of hydrogen peroxide was 2,126 RMB/ton. On October 24th, the average market price of hydrogen peroxide was 1,266 RMB/ton, a decrease of 40.44%.

Under the pressure of bearish factors, the hydrogen peroxide market significantly declined in October

After the National Day holiday and the Double Festival holiday, the stock market in the terminal printing and papermaking industry ended, and demand fell. In addition, the market acceptance of high priced hydrogen peroxide decreased, resulting in a significant drop in hydrogen peroxide prices. The mainstream quotation for 27.5% hydrogen peroxide in Shandong region dropped to 1,500 RMB/ton, while the mainstream quotation for 27.5% hydrogen peroxide in Hebei region dropped to 1,300 RMB/ton, and the mainstream quotation for 27.5% hydrogen peroxide in Anhui region dropped to 1,500 RMB/ton. The domestic price of 27.5% hydrogen peroxide had decreased by about 500 RMB/ton compared to before the holiday.

In mid October, the demand for stocking in the terminal printing and papermaking industry fell, and the price of hydrogen peroxide slowed down after experiencing a significant decline in the previous period. The mainstream quotation for 27.5% hydrogen peroxide in Shandong region dropped to 1,500 RMB/ton, while the mainstream quotation for 27.5% hydrogen peroxide in Hebei region dropped to 1,550 RMB/ton, and the mainstream quotation for 27.5% hydrogen peroxide in Anhui region dropped to 1,500 RMB/ton. The overall price of 27.5% hydrogen peroxide in China had dropped by about 50 RMB/ton.

At the end of the month, the hydrogen peroxide market continued to decline weakly, with prices dropping to 1,200 RMB/ton, a decrease of over 40% compared to the beginning of the month. Terminal demand continued to be weak, and the hydrogen peroxide market continued to bottom out.

Market outlook

Chemical Analysts from SunSirs believe that demand remained flat, and the hydrogen peroxide market will continue to decline in the future.

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