SunSirs: Hydrogen Peroxide Market Weakened During the National Day Holiday
October 08 2022 09:43:18 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, during the National Day holiday, the hydrogen peroxide market fell sharply, by nearly 3%. On October 1, the average price of hydrogen peroxide in the market was 920 RMB/ton. On October 7, the average price of hydrogen peroxide in the market was 893 RMB/ton, down 2.9%.
Analysis review
Terminal demand was weak, hydrogen peroxide market fell
During the National Day holiday, hydrogen peroxide terminal printing, paper industry and other manufacturers stopped for maintenance, terminal demand turned weak, manufacturers were not confident in supporting price, and they lowered the factory price one after another. The hydrogen peroxide market fell, with the mainstream quotation dropping to 890 RMB/ton, a drop of more than 2%.
Market outlook
Hydrogen peroxide analysts from SunSirs believe that after the festival, terminal demand is not good, hydrogen peroxide manufacturers have started up in succession, and the supply is sufficient, and hydrogen peroxide may continue to weaken in the future market.
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