Price trend:
According to data from the SunSirs' commodity analysis system, the hydrogen peroxide market continued to weaken in early November, with prices falling. On November 1st, the average market price of hydrogen peroxide was 930 RMB/ton, and on November 12th, the average market price was 860 RMB/ton, a decrease of 7.53%.
Negative factors predominated, hydrogen peroxide prices continued to weaken
In early November, hydrogen peroxide supply was ample, while end-user demand was weak, leading to a continuous decline in hydrogen peroxide prices. The average price of hydrogen peroxide in Shandong was 850-880 RMB/ton, a decrease of 50 RMB/ton. The average price in Anhui was around 850 RMB/ton, also a decrease of 50 RMB/ton. By November 12th, the average domestic price of hydrogen peroxide had fallen to around 860 RMB/ton, a decrease of 100 RMB/ton compared to the beginning of the month.
Market outlook
According to analysts at SunSirs, demand from the downstream printing and paper industries Is weak at the end of November, leading to increased supply pressure for hydrogen peroxide and a continued weak market trend.
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