Price trend
According to the data from the Commodity Market Analysis System of SunSirs, starting from June, terminal demand has weakened and the hydrogen peroxide market has declined. On June 1st, the average market price of hydrogen peroxide was 933 RMB/ton. On June 14th, the average market price of hydrogen peroxide was 920 RMB/ton, a decrease of 1.43%.
Terminal demand turned weak, and hydrogen peroxide market declined
Since June, the terminal paper industry has weakened, with manufacturers purchasing less water for hydrogen peroxide and a decline in the hydrogen peroxide market. 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.
Market outlook
Chemical analysts from SunSirs believe that at the end of June, the demand for hydrogen peroxide terminals remained sluggish, and the future hydrogen peroxide market will be weakly declined.
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