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SunSirs: Negative Factors Dominated, and the Hydrogen Peroxide Market Continued to Decline
July 09 2024 10:55:28SunSirs(John)

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, starting from July, terminal demand was average, and the hydrogen peroxide market declined. On July 1st, the average market price of hydrogen peroxide was 900 RMB/ton. On July 8th, the average market price of hydrogen peroxide was 896 RMB/ton, with a price drop of 0.37%.

The terminal demand was average, and the hydrogen peroxide market was mainly declining

Since July, the market in the terminal paper industry had been average, with manufacturers purchasing average amounts of hydrogen peroxide. The hydrogen peroxide market continued to fluctuate and decline, with an overall quotation of 850-960 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 900 RMB/ton, with a price drop of 50 RMB/ton. The average market price of hydrogen peroxide in Hebei region was 850 RMB/ton, with a price increase of 20 RMB/ton. The average market price of hydrogen peroxide in Anhui region was about 960 RMB/ton, with a price drop of 20 RMB/ton.

Market outlook

Chemical analysts from SunSirs believe that in mid July, there will be little change in terminal demand for hydrogen peroxide, and the hydrogen peroxide market will continue to weaken in the future.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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