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SunSirs: Demand Was Sluggish, Hydrogen Peroxide Market Dropped

July 14 2022 14:41:14     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, since July, the terminal demand has turned weak, and the hydrogen peroxide market has fallen continuously, with a drop of more than 5%. At the beginning of the month, the average market price of hydrogen peroxide was 946 RMB/ton. On July 13, the average market price of hydrogen peroxide was 893 RMB/ton, down 5.63%.

Analysis review

Demand turned weak, hydrogen peroxide market went down

Since July, the hydrogen peroxide market has been falling continuously for more than ten days, and the mainstream quotation has fallen below 900 RMB/ton around. The main reason was that the terminal demand was sluggish, the market transaction volume declined, and the quotations of manufacturers had fallen. As of July 13, the average market price of hydrogen peroxide was 893 RMB/ton, a drop of more than 5%. The terminal demand was not good, the supply of hydrogen peroxide was loose, and the market price had been falling all the way.

On July 13, the hydrogen peroxide market of some domestic manufacturers was as follows:

The price of hydrogen peroxide from Luxi Chemical was 740 RMB/ton; the price of hydrogen peroxide from Hebei Zhengyuan was 820 RMB/ton; and the price of hydrogen peroxide from Anhui Quansheng Chemical was 1,120 RMB/ton.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that: the terminal demand continues to weaken, and the price of hydrogen peroxide in the market outlook will still be mainly consolidated.

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

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