Price trend
According to the monitoring data of SunSirs, at the end of October, the bad news was still going on, and the hydrogen peroxide market continued to fall. On October 24, the average price of hydrogen peroxide in the market was 870 RMB/ton. On November 2, the average price of hydrogen peroxide in the market was 826 RMB/ton, down 4.98%.
Analysis review
The terminal demand was weak, and the hydrogen peroxide market fluctuated and fell
Since the end of October, the performance of the printing and paper industry of hydrogen peroxide terminal had been average. The enthusiasm of purchasing hydrogen peroxide was not high, and the hydrogen peroxide market continued to be weak and consolidated. The quotation of mainstream manufacturers was weak and downward, the price continued to fall, and the decline gradually expanded. The price gap between domestic regions was large. The mainstream quotation in Shandong was 600-630 RMB/ton, and the mainstream quotation in Anhui was 1000 RMB/ton.
On November 2, the hydrogen peroxide market of some domestic manufacturers was as follows:
The quotation of hydrogen peroxide in Luxi Chemical was 630 RMB/ton; Hebei Zhengyuan shut down for maintenance; The quotation of hydrogen peroxide of Anhui Quansheng Chemical Co., Ltd. was 1,000 RMB/ton.
Market outlook
Hydrogen peroxide analysts from SunSirs believe that: terminal demand is weak, and the hydrogen peroxide market will still weaken in the future.
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