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SunSirs: The Hydrogen Peroxide Market Has Fallen Due to Poor Demand
October 09 2020 13:42:20SunSirs(John)

According to the monitoring of SunSirs: In September, the market for hydrogen peroxide ushered in a big increase. In the first half of the month, the price of hydrogen peroxide has been soaring, with an increase of 18.35%. Starting from the second half of the month, the price of hydrogen peroxide has stabilized. Throughout September, the price of hydrogen peroxide rose by more than 15%. During the National Day holiday, the price of hydrogen peroxide was stable, and some manufacturers' prices fell slightly. As of October 8, the average market price of hydrogen peroxide was 1,060 RMB/ton, and the price dropped by 1.24%.

Downstream stocking market ended, hydrogen peroxide market dropped

In September, the hydrogen peroxide terminal paper industry and caprolactam manufacturers started the pre-holiday stocking market, and the purchase volume increased, and the hydrogen peroxide price continued to rise sharply by more than 18%. As the National Day holiday approached, the market for hydrogen peroxide continued to fall due to the impact of logistics and transportation, and the market was relatively stable at the end of September. During the National Day holiday, hydrogen peroxide manufacturers started up normally, and some manufacturers successively lowered the ex-factory prices of hydrogen peroxide, and the market dropped slightly.

The hydrogen peroxide analyst of SunSirs believes that after the National Day holiday, logistics and transportation resume, and the hydrogen peroxide market may return to the rising channel.

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

 

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