Price trend
According to the monitoring data of SunSirs, since July, the terminal demand has been sluggish, and the hydrogen peroxide market has continued to decline, with a decline of more than 7%. At the beginning of the month, the average market price of hydrogen peroxide was 946 RMB/ton. On July 19, the average market price of hydrogen peroxide was 873 RMB/ton, down 7.75%.
Analysis review
Since July, the hydrogen peroxide market has been falling continuously for more than ten days, and the mainstream quotation has fallen below 900 RMB/ton. The main reason is that the terminal demand is sluggish, the market transaction volume has declined, and the quotations of manufacturers have fallen. As of July 13, the average market price of hydrogen peroxide was 893 RMB/ton, a drop of more than 5%. The terminal demand is not good, the supply of hydrogen peroxide is loose, and the market price has been falling all the way. It fell to the 19th, and the price of hydrogen peroxide still fell below 880 RMB/ton, continuing to 870 RMB/ton around.
On July 19, the hydrogen peroxide market of some domestic manufacturers is as follows:
Luxi Chemical’s price of hydrogen peroxide is 720 RMB/ton; Hebei Zhengyuan’s hydrogen peroxide price is 800 RMB/ton; Anhui Quansheng Chemical’s hydrogen peroxide price is 1,100 RMB/ton.
Market outlook
The hydrogen peroxide analyst of SunSirs believes that it is in the off-season of hydrogen peroxide consumption, and the price of hydrogen peroxide will still weaken in the market outlook.
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