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SunSirs: Demand Was Weak, and Hydrogen Peroxide Market Fell
June 22 2022 16:19:59SunSirs(John)

Price trend

The monitoring data of SunSirs shows that since June, the demand for hydrogen peroxide by the terminal has weakened, the market has weakened, and the weak is mainly down. At the beginning of the month, the average market price of hydrogen peroxide was 1,010 RMB/ton. On June 22, the average market price of hydrogen peroxide was 950 RMB/ton, down 5.94%.

Analysis review

Under the dominance of negative factors, the hydrogen peroxide market declined

Since June, the hydrogen peroxide market has continued to be weak and consolidated, the price has fluctuated slightly, and the mainstream quotation is still around 1,000 RMB/ton. By mid-June, the terminal demand was still sluggish, the market transactions were flat, and the manufacturers' quotations were stable. The average market price of hydrogen peroxide fell below 1,000 RMB/ton, and was around 990 RMB/ton. The terminal demand continued to be poor, the confidence of manufacturers to support prices was weak, and the hydrogen peroxide market continued to decline. It fell to the 22nd, and the average market price of hydrogen peroxide has reached about 950 RMB/ton.

On June 22, the hydrogen peroxide market of some domestic manufacturers is as follows:

The price of hydrogen peroxide of Luxi Chemical is 790 RMB/ton; the price of Hebei Zhengyuan hydrogen peroxide is 880 RMB/ton; the price of hydrogen peroxide of Anhui Quansheng Chemical is 1,180 RMB/ton.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that: the terminal demand is weak, and the price of hydrogen peroxide will continue to weaken in the future.

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

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