SunSirs: The Hydrogen Peroxide Market Weakened in July

Price trend

According to the commodity analysis system of SunSirs, hydrogen peroxide market has been declining since July. On July 1, the average market price of hydrogen peroxide was 733 RMB/ton, and on July 28, the average market price of hydrogen peroxide was 700 RMB/ton, a price drop of 4.55%.

Weak demand, hydrogen peroxide market weakened in July

Since July, the terminal printing and papermaking industries have been undergoing concentrated maintenance, and terminal demand has declined. Although some hydrogen peroxide manufacturers have stopped for maintenance, the supply pressure has eased, and the market was still dominated by loose supply. Under the pressure of negative factors, the hydrogen peroxide market has been gradually reduced, and the average price in the domestic market has fallen to around 710 RMB/ton, a price drop of about 20 RMB/ton. The market transaction was general, and the market was weak.

Since mid-July, the terminal demand of the printing and papermaking industries has increased. Some hydrogen peroxide manufacturers have stopped production for maintenance, and the supply pressure has decreased. With the addition of favorable factors, the hydrogen peroxide market has heated up, and the average price in the domestic market has risen to around 700 RMB/ton, an increase of about 10 RMB/ton. The market transaction has improved and the market was rising.

At the end of the month, the hydrogen peroxide market gradually stabilized after rising, and the price continued to be around 700 yuan. As of July 28, the average market price of hydrogen peroxide was 700 RMB/ton, down 0.48% from the middle of the month.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that in August, hydrogen peroxide companies will stop for maintenance, and the market is expected to stop falling and rise.

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