Price trend
According to the Commodity Market Analysis System of SunSirs, after New Year's Day, the market for hydrogen peroxide continued to weaken, with a slight decrease in prices. On January 1st, the average market price of hydrogen peroxide was 700 RMB/ton, and on January 10th, the average market price of hydrogen peroxide was 696 RMB/ton, a decrease of 0.48% in price.
Loose supply, hydrogen peroxide weakly declined
After New Year's Day, the hydrogen peroxide market remained weak and mainly consolidated. Mainly due to manufacturers shutting down for maintenance, inventory prices remained stable.
The terminal CPL, papermaking, and printing industries have seen a decline in the purchase of hydrogen peroxide, resulting in weak demand. The mainstream price in the hydrogen peroxide market in Shandong region was around 650 RMB/ton; The mainstream price in the hydrogen peroxide market in Hebei region was 670 RMB/ton; The mainstream price for hydrogen peroxide in the Anhui region was 780 RMB/ton.
Market outlook
SunSirs’ hydrogen peroxide analyst believes that as the end of the year approaches, demand from terminal manufacturing manufacturers will decline, and the hydrogen peroxide market will continue to operate to be weaker in the future.
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