SunSirs: The Demand Was Sluggish, and the Hydrogen Peroxide Market Was Weak and Declining

https://www.chemnet.com   Jul 24,2024 SunSirs

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, after mid July, terminal demand fell and the hydrogen peroxide market experienced a significant decline. On July 19th, the average market price of hydrogen peroxide was 956 RMB/ton, and on July 23rd, the average market price of hydrogen peroxide was 923 RMB/ton, a decrease of 3.49% in price.

Terminal demand was sluggish and hydrogen peroxide market was weakly declined

Since mid July, the market for terminal paper industry has been average, and manufacturers' purchases of hydrogen peroxide have declined. The hydrogen peroxide market has been weak and oscillating downward, with an overall quotation of 830-960 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 950 RMB/ton, a decrease of 30 RMB/ton, the average market price of hydrogen peroxide in Hebei region was 830 RMB/ton, a decrease of 100 RMB/ton, and the average market price of hydrogen peroxide in Anhui region was about 960 RMB/ton, with stable prices.

Market outlook

SunSirs’ Chemical Analysts believe that by the end of July, there will be little change in the demand for hydrogen peroxide terminals, and the hydrogen peroxide market will continue to decline in the future.

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