SunSirs: Poor Terminal Demand, Hydrogen Peroxide Fluctuated and Declined in October

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic hydrogen peroxide market fluctuated and fell in October, with a drop of nearly 5%. At the beginning of the month, the average market price of hydrogen peroxide was 773 RMB/ton. On the 28th, the average market price of hydrogen peroxide was 733 RMB/ton, a decrease of 5.17%.

Analysis review

After the National Day holiday, the rigid demand of terminal increased, and manufacturers' purchase of hydrogen peroxide rebounded slightly, supported by positive factors. The hydrogen peroxide market saw an increase, with an overall quotation of 700-800 RMB/ton. On October 10th, the average price of hydrogen peroxide in the Shandong region was around 700 RMB/ton, with a price increase of about 20 RMB/ton. The average price of hydrogen peroxide in the Hebei region was 720 RMB/ton, with a price increase of about 40 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 840 RMB/ton, with a price drop of 40 RMB/ton.

In the middle of the month, the rigid demand of terminal was weak, and manufacturers' purchases of hydrogen peroxide were not good, with negative factors dominating. The hydrogen peroxide market was weak and fell, with an overall quotation of 700-750 RMB/ton. On October 23rd, the average market price of hydrogen peroxide in Shandong remained stable at around 700 RMB/ton, while in Hebei it was 710 RMB/ton, with a price increase of 10 RMB/ton; The average price of hydrogen peroxide in the Anhui region is around 800 RMB/ton, with a price drop of 20 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area was 950 RMB/ton, and the market remained stable.

At the end of the month, the terminal paper and printing industry market weakened, and the domestic hydrogen peroxide market showed weak upward momentum, mainly due to continuous weak bottoming out. The mainstream market price was 700-750 RMB/ton, a decrease of 40 RMB/ton from the beginning of the month, and the overall market was mainly weak and oscillating.

Market outlook

SunSirs’ hydrogen peroxide analyst believes that in November, the rigid demand for terminal hydrogen peroxide remains weak, and the market trend will continue to weaken in the future.

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