SunSirs: Poor Terminal Demand, the Hydrogen Peroxide Market Declined in June

https://www.chemnet.com   Jun 26,2024 SunSirs

Price trend

According to the commodity market analysis system of SunSirs, the domestic hydrogen peroxide market weakened in June and fluctuated downward. At the beginning of the month, the average market price of hydrogen peroxide was 933 RMB/ton. On the 25th, the average market price of hydrogen peroxide was 920 RMB/ton, a decrease of 1.43%.

Poor terminal demand, hydrogen peroxide market fluctuated and declined in June

Since June, the terminal paper industry has weakened, with manufacturers purchasing less hydrogen peroxide and the hydrogen peroxide market declined. The overall quotation was 860-950 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 950 RMB/ton, with a price drop of 50 RMB/ton. The average market price of hydrogen peroxide in Hebei region was 860 RMB/ton, with a price drop of 40 RMB/ton. The average market price of hydrogen peroxide in Anhui region was about 950 RMB/ton, with a price drop of 30 RMB/ton.

In mid June, due to the continuous weakening of the hydrogen peroxide market, there was a rebound with a moderate magnitude. As the end of the month approached, the hydrogen peroxide market continued to decline, with the average market price dropping to 920 RMB/ton, a decrease of over 1%.

Market outlook

SunSirs' hydrogen peroxide analyst believes that after entering July, terminal demand will remain weak, and the future hydrogen peroxide market is weak to rise.

If you have any questions, please feel free to contact SunSirs with?support@SunSirs.com.

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