SunSirs: Terminal Demand Was Low and Hydrogen Peroxide Market WasPoor

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

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, in mid October, terminal demand was sluggish and the hydrogen peroxide market declined. On October 14th, the average market price of hydrogen peroxide was 763 RMB/ton, and on October 23rd, the average market price of hydrogen peroxide was 753 RMB/ton, a decrease of 1.31% in price.

Terminal demand was low and hydrogen peroxide market was poor

In mid October, due to weak terminal rigid demand and poor purchasing of hydrogen peroxide by manufacturers, the market for hydrogen peroxide was dominated by negative factors, resulting in a weak decline in the overall price range of 700-750 RMB/ton. On October 23rd, the average market price of hydrogen peroxide in Shandong remained stable at around 700 RMB/ton, while in Hebei it was 710 RMB/ton, with a price increase of 10 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 800 RMB/ton, with a price drop of 20 RMB/ton; The average price of hydrogen peroxide in the Hangzhou area was 950 RMB/ton, and the market remains stable.

Market outlook

SunSirs’ Chemical Analysts believe that at the end of October, the demand for hydrogen peroxide terminals is poor, and the future market for hydrogen peroxide shows weak upward momentum.

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