SunSirs: Hydrogen Peroxide Market Fluctuated and Rose in November
November 28 2024 09:46:34 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the domestic hydrogen peroxide market fluctuated and rose in November, with an increase of nearly 4%. At the beginning of the month, the average market price of hydrogen peroxide was 733 RMB/ton. On the 27th, the average market price of hydrogen peroxide was 760 RMB/ton, an increase of 3.64%.
Long and short gamed, hydrogen peroxide market oscillated upward in November
Starting from November, the demand for terminal rigidity has been weak, and manufacturers' purchases of hydrogen peroxide were generally average. The supply of hydrogen peroxide was loose, and negative factors have suppressed the market. The overall quotation was 650-750 RMB/ton. Since November 11th, there has been a decrease in terminal demand, leading to a decline in manufacturers' purchases of hydrogen peroxide and negative pressure. The hydrogen peroxide market has weakened, with an overall quotation of 700-720 RMB/ton. At the end of the month, terminal rigid demand rebounded, hydrogen peroxide supply tightened, and the market rebounded. The average market price rose to 760 RMB/ton, with a price increase of over 5%.
Market outlook
SunSirs’ hydrogen peroxide analyst believes that in December, the rigid demand for terminal hydrogen peroxide is not good, and the future hydrogen peroxide market may operate weakly.
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