SunSirs: The Hydrogen Peroxide Market Weakens in January

Price trend

According to the Commodity Market Analysis System of SunSirs, after New Year's Day, the overall hydrogen peroxide market weakened and steadily declined. At the beginning of the month, the average market price of hydrogen peroxide was 700 RMB/ton. On January 21st, the average market price of hydrogen peroxide was 683 RMB/ton, a decrease of 2.38% in price.

Terminal demand is weak, leading to a weak decline in the hydrogen peroxide market in January

At the beginning of the month, hydrogen peroxide manufacturers gradually shut down for maintenance, and inventory prices remained stable. The terminal CPL, papermaking, and printing industries had average purchasing volumes for hydrogen peroxide, with weak demand. The hydrogen peroxide market remained weak and mainly consolidated, with an average price of 700 RMB/ton in the domestic hydrogen peroxide market.

In the middle of the month, due to the continued weakness of the terminal hydrogen peroxide market, some manufacturers' inventory quotations have fallen, and the hydrogen peroxide market was mainly weak and declining, with the average market price of hydrogen peroxide falling to 680 RMB/ton.

At the end of the month, as the Spring Festival approaching, the inventory prices of hydrogen peroxide manufacturers remained stable. Terminal production enterprises were gradually stopping for maintenance, resulting in a decrease in market trading volume. The hydrogen peroxide market continued to operate steadily.

Market outlook

SunSirs’ hydrogen peroxide analyst believes that after the Spring Festival, with the recovery of terminal demand, there is still room for the hydrogen peroxide market to rise.

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