According to the monitoring data of SunSirs, after the National Day holiday, the market of hydrogen peroxide kept falling, and the average market price dropped to 873 RMB/ton, a drop of more than 5%. At the beginning of the month, the average price of hydrogen peroxide in the market was 920 RMB/ton. On the 11th, the average price of hydrogen peroxide in the market was 873 RMB/ton, a 5.07% drop. The sharp drop of hydrogen peroxide after the festival was mainly caused by the weak terminal demand.
Terminal demand was weak, hydrogen peroxide market was weak and declined
After the National Day holiday, the demand for hydrogen peroxide in terminal printing, paper industry and other industries declined, and the hydrogen peroxide market continued to weaken. There was a big difference in the domestic market in major production areas. The hydrogen peroxide market in Shandong was weak and declined, and the mainstream quotation dropped to 600 RMB/ton; the market of hydrogen peroxide in Anhui Province was relatively stable, lasting 1,100 RMB/ton. The domestic hydrogen peroxide market continued to be weak, dominated by bad factors.
On October 11, the hydrogen peroxide market of some domestic manufacturers was as follows:
Luxi Chemical's hydrogen peroxide quotation was 640 RMB/ton; Hebei Zhengyuan was shut down for maintenance; Anhui Quansheng Chemical Co., Ltd. offered hydrogen peroxide at 1,130 RMB/ton.
Hydrogen peroxide analysts from SunSirs believe that the demand is weak, and the hydrogen peroxide market is still weak and down in the future.
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