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SunSirs: The Price of Hydrogen Peroxide Fell Cliffily After the Mid-Autumn Festival
September 17 2019 10:17:52SunSirs(John)

According to SunSirs monitoring: After the Mid-Autumn Festival, the hydrogen peroxide market had a cliff-like decline. As of September 16, the domestic average price was 1,140 RMB/ton, a single day drop of 7.57%. Since September 9, hydrogen peroxide has fallen by more than 11%.

September is the peak season for traditional consumption of hydrogen peroxide. However, in September this year, hydrogen peroxide prices did not rise but fell. Prices of hydrogen peroxide rose sharply in August. Limited transportation of dangerous goods during the Mid-Autumn Festival, combined with flat terminal demand, prices have fallen sharply all the way, falling by more than 4%.

After the Mid-Autumn Festival, near the National Day, the downstream receiving goods are not active, there are many manufacturers to repair, the terminal demand is general, and many policies before the National Day are unclear, the downstream wait-and-see attitude is strong, and procurement is not active. At present, there is no willingness to stock up before the National Day, the highway is limited during he Mid-Autumn Festival, some water enterprises are not selling well, and the inventory is squeezed too much, which continues to fall sharply.

The mainstream price in Hebei is 1,100 RMB/ton, the price is down 100 RMB/ton; the mainstream price in Shandong is 1080-1240 RMB/ton; the price is down 100 RMB/ton; Anhui area is 1400 RMB/ton, the price is relatively stable.

The hydrogen peroxide analysts from SunSirs believes: due to the National Day and the bad pressure, hydrogen peroxide market is weak, or will continue to weak down.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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