SunSirs: Hydrogen Peroxide Market Weakly Declined in January

Price trend

According to the commodity market analysis system of SunSirs, the domestic hydrogen peroxide market in January was weak and fell by nearly 5%. At the beginning of the month, the average market price of hydrogen peroxide was 816 RMB/ton. At the end of the month, the average market price of hydrogen peroxide was 776 RMB/ton, a decrease of 4.9%.

Poor terminal demand, the market hydrogen peroxide fluctuated and declined in January

Since January, the terminal paper market had declined, and the quantity of hydrogen peroxide purchased by the paper and printing industry had decreased, resulting in a sluggish market. At the beginning of the month, the hydrogen peroxide market weakened and the price slightly declined. In the second week, some hydrogen peroxide manufacturers stopped for maintenance, and the supply became tight. The terminal CPL market was operating at a high level, and the hydrogen peroxide market saw an upward trend. The price returned to the line of 820 RMB/ton, an increase of 1.65%.

Starting from 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 has been slow to sell. The domestic hydrogen peroxide market has been mainly weak and declining. The mainstream quotation in Shandong region is around 800 RMB/ton, with a price drop of 20 RMB/ton. The mainstream quotation in Anhui region is 900 RMB/ton, with an overall decrease of 20 RMB/ton.

At the end of the month, the hydrogen peroxide market continued to decline weakly, with the mainstream price of hydrogen peroxide in Shandong dropping to 750 RMB/ton, and the hydrogen peroxide price in Anhui region dropping to 830 RMB/ton. The terminal demand continues to be sluggish, and the hydrogen peroxide market is mainly weak and declining.

Market outlook

Business Society' hydrogen peroxide analyst believes that with the upcoming Spring Festival holiday in February, terminal demand was still weak, and the future hydrogen peroxide market will mainly operate weakly.

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