Price trend

According to the commodity analysis system of SunSirs, since November, the price of hydrogen peroxide has been continuously declining, falling until the beginning of December. On November 1st, the average market price of hydrogen peroxide was 930 RMB/ton, and on December 20th, the average market price was 860 RMB/ton, a price decrease of 16.85%.

Market Analysis

In early November, the supply of hydrogen peroxide was ample, while terminal demand remained weak. These negative factors dominated the market, leading to a continuous decline in hydrogen peroxide prices. In Shandong province, the average market price of hydrogen peroxide was 850-880 RMB/ton, a decrease of 50 RMB/ton. In Anhui province, the average market price was around 850 RMB/ton, also a decrease of 50 RMB/ton. As of November 15th, the average domestic market price of hydrogen peroxide had fallen to around 860 RMB/ton, a total decrease of 100 RMB/ton compared to the beginning of the month.

In mid-to-late November, due to plant shutdowns for maintenance at hydrogen peroxide manufacturers, supply tightened, and manufacturers raised prices, leading to a slight increase in hydrogen peroxide prices. However, due to continued weak end-user demand, the price increase was followed by a correction, with prices returning to around 860 RMB/ton.

Entering December, demand for hydrogen peroxide remained weak, and manufacturers continued to face supply pressure. Lack of confidence in maintaining prices led to a further decline in the hydrogen peroxide market, with the average market price falling to around 770 RMB/ton, a decrease of approximately 160 RMB/ton.

Market Forecast:

According to analysts at SunSirs, in mid-December, weak demand from the downstream printing and papermaking industries and continued supply pressure will likely lead to a further decline in hydrogen peroxide prices.

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