SunSirs: Low Terminal Demand, Hydrogen Peroxide Market Dropped in August

https://www.chemnet.com   Aug 27,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic hydrogen peroxide market steadily declined in August, with a drop of over 7%. At the beginning of the month, the average market price of hydrogen peroxide was 913 RMB/ton. On the 26th, the average market price of hydrogen peroxide was 843 RMB/ton, a decrease of 7.66%.

Low terminal demand, hydrogen peroxide market continued to decline in August

Starting from August, due to poor terminal demand, the purchase of hydrogen peroxide by printing and paper manufacturers has decreased, resulting in a weak upward trend in the hydrogen peroxide market and an overall downward trend. The mainstream domestic quotation was 800-960 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 900 RMB/ton, a decrease of 80 RMB/ton, the average market price of hydrogen peroxide in Hebei region was 800 RMB/ton, a decrease of 30 RMB/ton, and the average market price of hydrogen peroxide in Anhui region was about 960 RMB/ton, with stable prices.

In mid August, the terminal paper industry market weakened, and manufacturers' purchases of hydrogen peroxide decreased. 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, while in the Hebei region, the average price of hydrogen peroxide remained stable at 800 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 950 RMB/ton, with a price drop of 10 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area was 1,100 RMB/ton, and the market was weak and stable.

At the end of the month, terminal demand remained sluggish, and the hydrogen peroxide market continued to decline, with the average market price dropping to 780-930 RMB/ton, indicating a weak market operation. The average price of hydrogen peroxide in Shandong region was around 800 RMB/ton, and the price remains stable. The average price of hydrogen peroxide in Hebei region was 780 RMB/ton, and the price has dropped by 20 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 930 RMB/ton, with a price drop of 20 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area was 1,100 RMB/ton, and the market remained stable.

Market outlook

SunSirs' hydrogen peroxide analyst believes that in September, terminal hydrogen peroxide is supported by rigid demand, and the market trend is expected to rise in the future.

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

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