SunSirs: Hydrogen Peroxide Prices Fluctuated and Fell in April
April 26 2023 09:48:33 SunSirs (John)
Price trend
According to the analysis system of the commodity market of SunSirs, after April, the demand for terminal printing and paper industries was poor, and the hydrogen peroxide market fell weakly, oscillating for nearly a month. On April 1st, the average market price of hydrogen peroxide was 876 RMB/ton. On April 25th, the average market price of hydrogen peroxide was 766 RMB/ton, a decrease of 12.55%.
Negative pressure, hydrogen peroxide market oscillate and fell in April
Starting from April, the demand in the terminal paper printing industry has weakened, and the quantity of hydrogen peroxide purchased has decreased. The transaction in the hydrogen peroxide market is average. In addition, some hydrogen peroxide manufacturers have reopened their devices, increasing the supply of hydrogen peroxide. The market has gradually declined, and prices have continued to decline slightly, with a drop of nearly 2%.
In the middle of the year, bearish factors remained, demand remained poor, and the hydrogen peroxide market continued to expand its decline. From 840 RMB/ton, it fell below 800 RMB/ton, a decrease of nearly 10%.
At the end of the month, hydrogen peroxide manufacturers lacked confidence in pricing and continued to make minor adjustments. As of the 25th, the average market price of hydrogen peroxide had dropped to the first line of 760 RMB/ton, with an overall decline of over 12%.
Market outlook
Analysts from SunSirs Chemical Industry believe that terminal demand was poor, and bearish trends dominated. After May Day, the hydrogen peroxide market will still weaken.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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