SunSirs: Negative Factors Dominated, and the Hydrogen Peroxide Market Fluctuated and Fell
April 18 2024 13:38:02 SunSirs (John)
Price trend
According to the data from the Commodity Market Analysis System of SunSirs, since April, the hydrogen peroxide market had weakened and prices had fluctuated and fallen. On April 1st, the average market price of hydrogen peroxide was 946 RMB/ton. On April 17th, the average market price of hydrogen peroxide was 916 RMB/ton, with a price drop of 3.17%.
Under bearish pressure, the hydrogen peroxide market oscillated and fell
In early April, the performance of terminal paper and CPL was average, with a decrease in the amount of purchased hydrogen peroxide. The hydrogen peroxide market was mainly weak and the price was slightly lowered, with an overall quotation of 900-950 RMB/ton. In the middle of the month, the market for CPL surged, and the quantity of purchased hydrogen peroxide increased. The hydrogen peroxide market slightly increased, but due to the still sluggish market for printing paper and other products, the hydrogen peroxide market continued to decline weakly after the rise. As of April 17th, hydrogen peroxide had decreased by over 3% compared to the beginning of the month.
Market outlook
Chemical analysts from SunSirs believe that in late April, terminal demand for hydrogen peroxide will remain sluggish, putting pressure on the market's future upward trend.
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- 2024-04-10 SunSirs: Terminal Demand Was Poor and Hydrogen Peroxide Market Declined
- 2024-03-28 SunSirs: Hydrogen Peroxide Market Rose in March
- 2024-03-20 SunSirs: Supported by Favorable Factors, the Hydrogen Peroxide Market Had Surged
