SunSirs: Terminal Demand Was Poor and Hydrogen Peroxide Market Declined
April 10 2024 10:12:24 SunSirs (John)
Price trend
According to the Commodity Analysis System of SunSirs, the hydrogen peroxide market had been weak and declining since April. At the beginning of the month, the average market price of hydrogen peroxide was 946 RMB/ton. On April 8th, the average market price of hydrogen peroxide was 906 RMB/ton, a decrease of 4.23%.
Terminal demand was poor and hydrogen peroxide market declined
Since April, the purchasing volume of hydrogen peroxide in the terminal printing paper industry had declined, and hydrogen peroxide manufacturers had resumed production rates. Supply was loose, and confidence in price support was insufficient. Hydrogen peroxide factory prices had mainly fallen. The average market price of hydrogen peroxide in Shandong, Anhui, Hebei and other regions was 870-900 RMB/ton, with an overall decrease of 20-30 RMB/ton.
Market outlook
Chemical analysts from SunSirs believe that in mid April, terminal demand for hydrogen peroxide will remain flat, putting pressure on future market trends.
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