Price trend
According to SunSirs' commodity price analysis system, the price of hydrogen peroxide has been continuously declining since January, reaching its lowest point in early February. At the beginning of January, the average market price of hydrogen peroxide was 776 RMB/ton, and on February 2nd, the average market price was 630 RMB/ton, a decrease of 18.88%..
Market Analysis
After New Year's Day, the hydrogen peroxide market, particularly for caprolactam, remained largely stable. Demand from the printing and paper industry was weak, and buyers showed little enthusiasm for purchasing hydrogen peroxide, opting for just-in-time procurement. Hydrogen peroxide manufacturers maintained high operating rates, resulting in ample supply and increased supply pressure. The hydrogen peroxide market remained sluggish, with prices falling to around 680 RMB/ton, a decrease of 100 RMB/ton.
In early February, with the Spring Festival approaching, weak end-user demand and a lack of confidence among manufacturers led to a downward adjustment in hydrogen peroxide factory prices. The hydrogen peroxide market continued its weak downward trend, with the average market price falling to 500-700 RMB/ton, a decrease of 50-100 RMB/ton overall.
Market outlook
According to SunSirs' hydrogen peroxide analyst, weak end-user demand and ample market supply are putting downward pressure on hydrogen peroxide prices, and the market is expected to be downward weakly.
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