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SunSirs: Hydrogen Peroxide Market Plummeted in June
June 28 2022 14:49:10SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the hydrogen peroxide market oscillated and fell in June, and the overall decline was sharp, with a drop of more than 6%. At the beginning of the month, the average market price of hydrogen peroxide was 1,010 RMB/ton, and at the end of the month, the average market price of hydrogen peroxide was 940 RMB/ton, down 6.93%.

Analysis review

Under the negative pressure, the hydrogen peroxide market fell endlessly

Since June, the hydrogen peroxide market continued to be weak and consolidated, and the price fluctuated slightly. The mainstream quotation was still near 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 had fallen below 1,000 RMB/ton, and was about 990 RMB/ton. It fell to the 22nd, and the average market price of hydrogen peroxide reached about 950 RMB/ton.

At the end of June, the prices of some hydrogen peroxide manufacturers rebounded, and most manufacturers' prices were still mainly down, and the monthly decline continued to increase, which was close to 7%.

On June 27, Luxi Chemical’s hydrogen peroxide price was 780 RMB/ton, down 100 RMB/ton from the beginning of the month; Shijiazhuang Zhengyuan hydrogen peroxide was 880 RMB/ton, down 70 RMB/ton from the beginning of the month; Quansheng Chemical’s hydrogen peroxide price was 1,160 RMB/ton , the price fell 40 RMB/ton from the beginning of the month.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that the terminal demand is not good, and the rise of hydrogen peroxide in July is still under pressure.

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

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