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SunSirs: Terminal Demand Was Low and Hydrogen Peroxide Market Weakly Declined
August 09 2024 13:44:32SunSirs(John)

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, since August, terminal demand has been sluggish, and the hydrogen peroxide market has been weakly declining. On August 1st, the average market price of hydrogen peroxide was 913 RMB/ton. On August 8th, the average market price of hydrogen peroxide was 886 RMB/ton, a decrease of 2.92% in price.

Low terminal demand, hydrogen peroxide market continued to weaken

Starting from August, due to poor terminal demand, the purchase of hydrogen peroxide by printing and paper manufacturers has decreased, resulting in a weak upward trend in the hydrogen peroxide market and an overall downward trend. The mainstream domestic quotation was 800-960 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 900 RMB/ton, a decrease of 80 RMB/ton, the average market price of hydrogen peroxide in Hebei region was 800 RMB/ton, a decrease of 30 RMB/ton, and the average market price of hydrogen peroxide in Anhui region was about 960 RMB/ton, with stable prices.

Market outlook

SunSirs’ Chemical Analysts believe that after mid August, the operating rate of the printing and paper industry will decline, and the demand for hydrogen peroxide terminals will remain sluggish, putting pressure on the upward trend of the hydrogen peroxide market in the future.

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

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