SunSirs: Domestic Hydrogen Peroxide Market Continues to Decline
May 30 2023 13:58:15Latest price of hydrogen peroxide (May 29th): 773 RMB/ton, bearish in the future
Analysis point: On May 29th, the price fell 7.94% compared to the previous trading day. The domestic hydrogen peroxide market continues to decline, with the mainstream quotation of 700 RMB/ton being the first line, and the price dropping by 100 RMB/ton. The positive factors after the May Day holiday have gradually been digested by the market, and terminal demand is weak. Starting in the middle of the month, hydrogen peroxide prices have plummeted from high platforms, and have been falling until the end of the month.
Future forecast: Terminal demand is not long, and it is expected that the hydrogen peroxide market will continue to weaken in the future.
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