SunSirs: Under the Pressure of Negative Factors, the Hydrogen Peroxide Market Was Weak and Declining
December 24 2024 09:08:19     SunSirs (John)Price trend
According to the data from the Commodity Market Analysis System of SunSirs, since December 1st, terminal demand has been weak, and the hydrogen peroxide market has fallen weakly. On December 1st, the average market price of hydrogen peroxide was 760 RMB/ton, and on December 20th, the average market price of hydrogen peroxide was 713 RMB/ton, a decrease of 6.14% in price.
Weak terminal demand led to a decline in the hydrogen peroxide market
Since December 1st, terminal demand has remained sluggish, with manufacturers purchasing only moderate amounts of hydrogen peroxide, dominated by negative factors. The hydrogen peroxide market has weakened and fallen, with an overall quotation of 700-720 RMB/ton. On December 20th, the average price of hydrogen peroxide in the Shandong region was around 600 RMB/ton, which was weakly stable, while the average price of hydrogen peroxide in the Hebei region was 680 RMB/ton, which was stable; The average price of hydrogen peroxide in the Anhui region was around 780 RMB/ton, which remained 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 by the end of December, the demand for hydrogen peroxide terminals will continue to weaken, and the hydrogen peroxide market will continue to operate weakly in the future.
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