SunSirs: Low Demand, Hydrogen Peroxide Market Weakened

https://www.chemnet.com   Aug 22,2024 SunSirs

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, since August, terminal demand has been sluggish and the hydrogen peroxide market has been continuously weakening. On August 1st, the average market price of hydrogen peroxide was 913 RMB/ton, and on August 21st, the average market price of hydrogen peroxide was 853 RMB/ton, a decrease of 6.57% in price.

Poor terminal demand, hydrogen peroxide market continued to weaken

Since August, the terminal paper industry has weakened, and manufacturers' purchases of hydrogen peroxide have declined. Negative factors continued to accumulate, and the hydrogen peroxide market continued to decline, with an overall quotation of 800-950 RMB/ton. On August 21st, the average price of hydrogen peroxide in the Shandong region was around 800 RMB/ton, a decrease of 50 RMB/ton from the beginning of the month. The average price of hydrogen peroxide in the Hebei region was 800 RMB/ton, a decrease of 30 RMB/ton from the beginning of the month; The average price of hydrogen peroxide in the Anhui region was around 950 RMB/ton, a decrease of 10 RMB/ton from the beginning of the month; The average price of hydrogen peroxide in the Hangzhou area was 1,100 RMB/ton, and the market was weak and stable.

Market outlook

SunSirs’ Chemical Analysts believe that by the end of August, there will be little improvement in demand for hydrogen peroxide terminals, and the hydrogen peroxide market will continue to operate weakly in the future.

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