SunSirs: Loose Supply, Hydrogen Peroxide Market Was Weaker
November 07 2024 14:10:22 SunSirs (John)
Price trend
According to the data from the Commodity Market Analysis System of SunSirs, since November, the supply of hydrogen peroxide has been loose and the market has weakened. On November 7th, the average market price of hydrogen peroxide is 726 RMB/ton, and on November 1st, the average market price of hydrogen peroxide was 733 RMB/ton, a decrease of 0.91% in price.
Loose supply, hydrogen peroxide market was weaker
Starting from November, the demand for terminal rigidity has been weak, and manufacturers' purchases of hydrogen peroxide are generally average. The supply of hydrogen peroxide is loose, and negative factors have suppressed the market. The overall quotation is 650-750 RMB/ton. On November 7th, the average price of hydrogen peroxide in the Shandong region is around 650-700 RMB/ton, which remains stable, while the average price of hydrogen peroxide in the Hebei region is 700 RMB/ton, which remained unchanged; The average price of hydrogen peroxide in the Anhui region is around 760 RMB/ton, with a price drop of 20 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area is 950 RMB/ton, and the market remains stable.
Market outlook
SunSirs’ Chemical Analysts believe that in mid November, the demand for hydrogen peroxide of terminals will be average, and the upward trend of the hydrogen peroxide market in the future will still be under pressure.
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