Price trend
According to the commodity market analysis system of SunSirs, the domestic hydrogen peroxide market rose in May, oscillating upwards. At the beginning of the month, the average price of hydrogen peroxide in the market was 946 RMB/ton. On the 27th, the average price of hydrogen peroxide in the market was 973 RMB/ton, an increase of 3.55%.
Analysis review
After May Day, the purchasing of hydrogen peroxide in the terminal paper and CPL industries had declined, and the hydrogen peroxide market had slightly declined, with an overall quotation of around 900-980 RMB/ton. Among them, the average price of hydrogen peroxide in the Shandong region was around 920 RMB/ton, which was stable. The average price of hydrogen peroxide in the Hebei region was 910 RMB/ton, with a price drop of 10 RMB/ton. The average price of hydrogen peroxide in the Anhui region was around 980 RMB/ton, which was stable.
In mid month, the market for terminal CPL continued to rise, and manufacturers increased their purchases of hydrogen peroxide. The hydrogen peroxide market continued to rise, with an overall quotation of 1,000-1,030 RMB/ton. The average market price of hydrogen peroxide in Shandong region was about 1,000 RMB/ton, with a price increase of 80 RMB/ton. The average market price of hydrogen peroxide in Hebei region was 920 RMB/ton, with a price increase of 20 RMB/ton. The average market price of hydrogen peroxide in Anhui region was about 1,030 RMB/ton, with a price increase of 50 RMB/ton.
At the end of the month, the demand for purchasing hydrogen peroxide in the terminal CPL paper industry declined, and the hydrogen peroxide market experienced a correction, with prices falling one after another. The overall quotation was 850-1,000 RMB/ton. The average market price of hydrogen peroxide in Shandong region was around 1,000 RMB/ton, and the price remained stable. The average market price of hydrogen peroxide in Hebei region was 850 RMB/ton, with a price drop of 70 RMB/ton. The average market price of hydrogen peroxide in Anhui region was around 1,000 RMB/ton, with a price drop of 30 RMB/ton.
Market outlook
SunSirs' hydrogen peroxide analyst believes that after entering June, terminal demand will fall, and the future hydrogen peroxide market is mainly weak and declining.
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