Price trend
According to data from the SunSirs' commodity analysis system, hydrogen peroxide prices continued to decline since November, with prices remaining weak. On November 1st, the average market price of hydrogen peroxide was 930 RMB/ton, and on November 25th, the average market price was 846 RMB/ton, a decrease of 8.96%.
Negative factors dominated, hydrogen peroxide prices weakened in November
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 15th, the average domestic price of hydrogen peroxide had fallen to around 860 RMB/ton, a decrease of 70 RMB/ton compared to the beginning of the month.
In mid-November, hydrogen peroxide prices rose slightly due to tight supply caused by plant shutdowns for maintenance, prompting manufacturers to hold firm on prices. However, due to persistently weak end-user demand, prices subsequently corrected, returning to around 860 RMB/ton.
At the end of November, end-user demand for hydrogen peroxide was weak, market transactions were mediocre, and prices continued to decline. The average price of hydrogen peroxide in the domestic market fell to around 850 RMB/ton, a decrease of 100 RMB/ton from the beginning of the month.
Market Forecast:
According to analysts at SunSirs, demand from the downstream printing and paper industries remained weak in December, while the supply of hydrogen peroxide was ample, and the market is expected to continue its downward trend.
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