SunSirs: Demand Slowed Down, and the Market for Hydrogen Peroxide Weakened before the Holiday
September 15 2021 13:56:22 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the hydrogen peroxide market began to enter a period of decline since August 24, and it has been falling into September, and the decline of hydrogen peroxide has stabilized. On August 24, the average market price of hydrogen peroxide was 856 RMB/ton, and on September 14, the average market price of hydrogen peroxide was 836 RMB/ton, and the price dropped by 2.33%.
Analysis review
Terminal demand was weak, hydrogen peroxide entered the downward channel
Since August 24, the quotations of hydrogen peroxide of manufacturers have fallen steadily, from 856 RMB/ton to 836 RMB/ton, a drop of more than 1%. Entering September, due to the end of the paper industry and CPL manufacturers finished stocking, and the purchasing demand declined. Hydrogen peroxide started a downward trend, with a single-day drop of 1.18%.
From September 6th to 14th, the market for hydrogen peroxide stabilized one after another, and the price remained at 836 RMB/ton. Among them, the price of hydrogen peroxide from Quansheng Chemical in Anhui was 930 RMB/ton, the price of hydrogen peroxide from Hebei Zhengyuan Chemical was 820 RMB/ton, and the price of hydrogen peroxide from Shandong Luxi Chemical was 760 RMB/ton. The overall market was stable.
Market outlook
The hydrogen peroxide analyst of SunSirs believes that the stock market before the Mid-Autumn Festival ends, and the market outlook for hydrogen peroxide enters a weak consolidation period.
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