SunSirs: Terminal Demand Was Flat, and the Hydrogen Peroxide Market Was Declining
November 21 2023 10:26:45 SunSirs (John)
Price trend
According to the monitoring of SunSirs, since November, the hydrogen peroxide market has continued to decline weakly, with a decline of over 21%. At the beginning of the month, the average market price of hydrogen peroxide was 1,150 RMB/ton. On November 17th, the average market price of hydrogen peroxide was 900 RMB/ton, with a price drop of 21.74%.
Analysis review
Since November, the demand for terminal printing and papermaking decreased, and the hydrogen peroxide market continued to decline weakly, with the mainstream market price dropping to 900 RMB/ton. The average market price of hydrogen peroxide in Shandong region was 900 RMB/ton; The average market price of hydrogen peroxide in Hebei region was 850 RMB/ton; Hydrogen peroxide in Anhui region was 950 RMB/ton; The overall decline in the market compared to the beginning of the month was 150-200 RMB/ton.
Market outlook
SunSirs’ Hydrogen Peroxide Analysts believe that terminal demand is in the off-season, and it is expected that the rise for the hydrogen peroxide market will be under pressure in the future.
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