Price trend
According to monitoring data from SunSirs, starting from November, bearish factors dominated the market, resulting in poor terminal demand and a significant decline in the market. On November 1st, the average market price of hydrogen peroxide was 1,150 RMB/ton. On November 24th, the average market price of hydrogen peroxide was 900 RMB/ton, with a price drop of 21.74%.
Terminal demand was poor and hydrogen peroxide market continued to decline
Since November, the stock market in the terminal paper and printing industries had ended, with a decline in hydrogen peroxide orders and average market transactions. Hydrogen peroxide manufacturers had lowered their factory prices one after another, resulting in a significant drop in hydrogen peroxide prices. The market average price had dropped to 950 RMB/ton, with a daily drop of 200-300 RMB/ton, a drop of nearly 18%. As the end of the month approached, the hydrogen peroxide market continued to decline, with the average market price dropping to 900 RMB/ton, a decrease of over 21%.
Market outlook
Chemical analysts from SunSirs believe that terminal demand is flat, and the market for hydrogen peroxide will continue to decline in the future.
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