SunSirs: Negative Factors Suppressed, and the Hydrogen Peroxide Market Weakened
January 22 2024 09:54:14 SunSirs (John)
Price trend
According to the data from the Commodity Market Analysis System of SunSirs, starting from mid January, terminal demand had been weak, and the hydrogen peroxide market had declined. On January 15th, the average market price of hydrogen peroxide was 823 RMB/ton. On January 19th, the average market price of hydrogen peroxide was 810 RMB/ton, a decrease of 1.62%.
Negative factors suppressed, and the hydrogen peroxide market weakened
Since mid January, the terminal paper market had continued to decline, and the demand for hydrogen peroxide in the paper and printing industry had declined. Hydrogen peroxide manufacturers lacked confidence in raising prices, and the market had been slow to sell. The domestic hydrogen peroxide market had been mainly weak and declining. The mainstream quotation in Shandong region was around 800 RMB/ton, with a price drop of 20 RMB/ton. The mainstream quotation in Anhui region was 900 RMB/ton, with an overall decrease of 20 RMB/ton.
Market outlook
SunSirs’ Chemical Analyst believes that the demand for terminal paper printing industry was flat, and the hydrogen peroxide market will continue to operate weakly in the future.
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