SunSirs: Under Bearish Pressure, the Hydrogen Peroxide Market Was Weak and Declining

Price trend

According to the Commodity Market Analysis System of SunSirs, in April, the demand for terminal printing and paper industries was poor, and the hydrogen peroxide market was weak and declining. On April 1st, the average market price of hydrogen peroxide was 876 RMB/ton. On April 18th, the average market price of hydrogen peroxide was 793 RMB/ton, with a price drop of 9.51%.

Analysis review

After the Qingming Festival, the demand in the terminal paper printing industry decreased, the quantity of hydrogen peroxide purchased decreased, and the transactions in the hydrogen peroxide market were average. In addition, some hydrogen peroxide manufacturers restarted their devices, hydrogen peroxide supply increased, the market gradually declined and hydrogen peroxide prices gradually declined slightly. On April 11th, the average price of hydrogen peroxide in the Shandong region was 860 RMB/ton, with a price drop of 20 RMB/ton; The average market price of hydrogen peroxide in Hebei region was 850 RMB/ton, with a price drop of 30 RMB/ton. The average market price of hydrogen peroxide in Anhui region was 850 RMB/ton, and the price remained unchanged.

In mid April, bearish factors remained, demand remained poor, and the hydrogen peroxide market continued to expand its decline. As of April 18th, the price of hydrogen peroxide in Shandong region dropped by 60 RMB/ton, at 800 RMB/ton; The average market price of hydrogen peroxide in Hebei region was 730 RMB/ton, with a price drop of 80 RMB/ton; The average price of hydrogen peroxide in the Anhui region was 850 RMB/ton, which remained stable.

Market outlook

Chemical analysts from SunSirs believe that terminal demand was poor and the hydrogen peroxide market will continue to weaken in the future.

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