SunSirs: The Hydrogen Peroxide Market Fluctuated and Fell in December

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic hydrogen peroxide market fluctuated and fell in December, with a decline of over 7%. At the beginning of the month, the average market price of hydrogen peroxide was 760 RMB/ton. On the 24th, the average market price of hydrogen peroxide was 703 RMB/ton, a decrease of 7.46%.

The bearish sentiment still existed, and the hydrogen peroxide market fluctuated and fell in December

At the beginning of December, there was a decrease in terminal demand, and manufacturers' purchases of hydrogen peroxide were average, with negative factors dominating. The hydrogen peroxide market weakened, with an overall quotation of 700-760 RMB/ton. Approaching mid month, due to poor demand in the terminal paper and printing industries, the operating rate of hydrogen peroxide increased, resulting in oversupply. The hydrogen peroxide market had experienced a significant decline, with an average market price of 710 RMB/ton. In late December, terminal demand remained sluggish, and the pressure on hydrogen peroxide supply continued. After the market fell, it tended to stabilize, and the average market price was around 700 RMB/ton. Throughout December, the hydrogen peroxide market remained weak and mainly declined, with a drop of nearly 8%.

Market outlook

SunSirs’ hydrogen peroxide analyst believes that after New Year's Day, the rigid demand for terminal hydrogen peroxide is unlikely to change, and the hydrogen peroxide market will continue to weaken in the future.

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