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SunSirs: Poor Terminal Demand, Hydrogen Peroxide Market Was Weak and Declining

December 16 2024 16:00:11     SunSirs (John)

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, since December 1st, the terminal demand has been poor and the hydrogen peroxide market has weakened. On December 1st, the average market price of hydrogen peroxide was 760 RMB/ton, and on December 13th, the average market price of hydrogen peroxide was 713 RMB/ton, a decrease of 6.14% in price.

Weak terminal demand, sluggish hydrogen peroxide market

Since December 1st, the terminal demand has been weak, the transaction volume of hydrogen peroxide market has decreased, and the sales have been flat. Negative factors have suppressed the hydrogen peroxide market, and the overall quotation was 680-700 RMB/ton. On December 1st, the average market price of hydrogen peroxide in Shandong was around 700 RMB/ton, with a price reduction. The average market price of hydrogen peroxide in Hebei was 680 RMB/ton, with a price drop of 120 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 760 RMB/ton, and the price remains stable; The average price of hydrogen peroxide in the Hangzhou area was 950 RMB/ton, and the market remained stable.

Market outlook

SunSirs’ Chemical Analysts believe that after mid December, the demand for hydrogen peroxide terminals will remain sluggish, and the future market for hydrogen peroxide will have weak upward momentum.

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