SunSirs: Under the Pressure of Multiple Negative Factors, the Hydrogen Peroxide Market Was Weak and Declining
June 14 2023 10:36:42 SunSirs (John)
Price trend
According to the Commodity Market System of SunSirs, the hydrogen peroxide market continued to decline weakly from June 1st until June 12th. On June 12th, the average market price of hydrogen peroxide was 723 RMB/ton, a decrease of 6.47% compared to the beginning of the month.
Analysis review
Since June, due to weak terminal demand and loose supply, hydrogen peroxide manufacturers had weak confidence in price support, and multiple bearish pressures had led to a continued weak and downward trend in the hydrogen peroxide market. The mainstream quotation had dropped to around 700 RMB/ton.
Market outlook
SunSirs’ Hydrogen Peroxide Analyst believes that bearish factors were still there, and it is expected that the hydrogen peroxide market will remain weak and declining in the future, with a powerless trend for rise.
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