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SunSirs: Terminal Demand Was Poor and Hydrogen Peroxide Market Declined (November 20-24)
November 28 2023 14:58:54SunSirs(John)

Price trend

According to monitoring data from SunSirs, starting from November, bearish factors dominated the market, resulting in poor terminal demand and a significant decline in the market. On November 1st, the average market price of hydrogen peroxide was 1,150 RMB/ton. On November 24th, the average market price of hydrogen peroxide was 900 RMB/ton, with a price drop of 21.74%.

Terminal demand was poor and hydrogen peroxide market continued to decline

Since November, the stock market in the terminal paper and printing industries had ended, with a decline in hydrogen peroxide orders and average market transactions. Hydrogen peroxide manufacturers had lowered their factory prices one after another, resulting in a significant drop in hydrogen peroxide prices. The market average price had dropped to 950 RMB/ton, with a daily drop of 200-300 RMB/ton, a drop of nearly 18%. As the end of the month approached, the hydrogen peroxide market continued to decline, with the average market price dropping to 900 RMB/ton, a decrease of over 21%.

Market outlook

Chemical analysts from SunSirs believe that terminal demand is flat, and the market for hydrogen peroxide will continue to decline in the future.

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

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