Price trend
According to the data from the Commodity Market Analysis System of SunSirs, starting from mid January, terminal demand had been weak, and the hydrogen peroxide market had been continuously declining. On January 15th, the average market price of hydrogen peroxide was 823 RMB/ton. On January 24th, the average market price of hydrogen peroxide was 793 RMB/ton, a decrease of 3.64%.
Poor terminal demand, hydrogen peroxide market continued weak and declining
Since mid January, the terminal paper market had continued to decline, and the demand for purchasing hydrogen peroxide in the paper and printing industry had declined. Hydrogen peroxide manufacturers lacked confidence in raising prices, and the market was moving slowly. The domestic hydrogen peroxide market had been mainly weak and declining, and the market had been declining. As of January 24th, the mainstream quotation in Shandong region was around 780 RMB/ton, with a price drop of 40 RMB/ton. The mainstream quotation in Anhui region was 880 RMB/ton, with an overall decrease of 40 RMB/ton.
Market outlook
SunSirs’ Chemical Analyst believes that the demand of terminal paper and printing industry is sluggish, and the hydrogen peroxide market will continue to decline weakly in the future.
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