SunSirs: Poor Terminal Demand, Hydrogen Peroxide Market Was Weakly Declining
September 20 2024 14:12:56     SunSirs (John)Price trend
According to the data from the commodity market analysis system of SunSirs, after the Mid-Autumn Festival, the terminal demand fell, and the hydrogen peroxide market fell. On September 16th, the average market price of hydrogen peroxide was 816 RMB/ton, and on September 19th, the average market price of hydrogen peroxide was 793 RMB/ton, a decrease of 2.86% in price.
Terminal demand dropped, hydrogen peroxide market declined
After the Mid-Autumn Festival, the rigid demand of the terminal returned, the volume of hydrogen peroxide purchased by the manufacturer declined, and the overall quotation of hydrogen peroxide was 700-800 RMB/ton. On September 19th, the average market price of hydrogen peroxide in Shandong region was around 700 RMB/ton, a decrease of 50 RMB/ton, while the average market price of hydrogen peroxide in Hebei region was 720 RMB/ton, a decrease of 30 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 880 RMB/ton, with a price drop of 20 RMB/ton; The average price of hydrogen peroxide in the Fujian region was 1,100 RMB/ton, and the market was stable.
Market outlook
SunSirs’ Chemical Analysts believe that at the end of September, the demand for hydrogen peroxide terminals is weak, and the hydrogen peroxide market will continue to weaken in the future.
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