SunSirs: Demand Was Sluggish, Hydrogen Peroxide Market Was Down
July 08 2022 14:24:19 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, since July, the terminal demand has been sluggish, and the hydrogen peroxide market has weakened and declined. At the beginning of the month, the average market price of hydrogen peroxide was 946 RMB/ton. On July 7, the average market price of hydrogen peroxide was 926 RMB/ton, down 2.11%.
Analysis review
Demand was poor, hydrogen peroxide market fell
Since July, the hydrogen peroxide market has been weak and mainly down, and the mainstream hydrogen peroxide quotation has fallen below the first line of 950 RMB/ton. The main reason was that the terminal demand was not good, the market transaction was flat, and the quotations of manufacturers were lowered one after another. The average market price of hydrogen peroxide was 930 RMB/ton, a decrease of more than 2%. The terminal demand continued to be sluggish, the hydrogen peroxide manufacturers started up normally, the supply exceeded the demand, and the market weakened.
On July 7, the hydrogen peroxide market of some domestic manufacturers was as follows:
The price of hydrogen peroxide from Luxi Chemical was 760 RMB/ton; the price of Hebei Zhengyuan hydrogen peroxide was 880 RMB/ton; the price of hydrogen peroxide from Anhui Quansheng Chemical was 1,140 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.
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