Price trend
According to the data from the Commodity Market Analysis System of SunSirs, since November 11th, the terminal demand has been poor and the hydrogen peroxide market has weakened. On November 11th, the average market price of hydrogen peroxide was 726 RMB/ton, and on November 15th, the average market price of hydrogen peroxide was 720 RMB/ton, a decrease of 0.92% in price.
Poor terminal demand , hydrogen peroxide market was weaker
Since November 11th, there has been a decrease in terminal demand, leading to a decline in manufacturers' purchases of hydrogen peroxide. Negative factors suppressed, and the hydrogen peroxide market has weakened, with an overall quotation of 700-720 RMB/ton. On November 11th, the average price of hydrogen peroxide in the Shandong region was around 700 RMB/ton, which remained stable, while the average price of hydrogen peroxide in the Hebei region was 700 RMB/ton, which remained unchanged; The average price of hydrogen peroxide in the Anhui region was around 760 RMB/ton, with a price drop of 40 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area was 950 RMB/ton, and the market remains stable.
Market outlook
SunSirs’ Chemical Analysts believe that after mid November, the demand for hydrogen peroxide terminals will be poor, and the future market for hydrogen peroxide will remain weak and stable.
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