According to the monitoring data of SunSirs, the hydrogen peroxide market declined in October. At the beginning of this month, the average price of hydrogen peroxide in the market was 920 RMB/ton. On October 27, the average price of hydrogen peroxide in the market was 863 RMB/ton, down 6.16%.
Analysis review
The terminal demand was flat, and the hydrogen peroxide market was weak and declined in October
During the National Day holiday, hydrogen peroxide terminal printing, paper industry and other manufacturers stopped for maintenance, terminal demand turned weak, manufacturers were not confident in supporting high prices, and they lowered the factory price one after another. The hydrogen peroxide market fell, with the mainstream quotation dropping to 890 RMB/ton, a drop of more than 2%.
After the festival, the demand for hydrogen peroxide in terminal printing, paper industry and other industries decreased, and the hydrogen peroxide market continued to weaken. There was a big difference in the domestic market in major production areas. The hydrogen peroxide market in Shandong was weak and downward, and the mainstream quotation droppdc to 600 RMB/ton; The market of hydrogen peroxide in Anhui Province was relatively stable, lasting 1,100 RMB/ton. The domestic hydrogen peroxide market continued to be weak, led by bad news.
At the end of the month, the market of hydrogen peroxide continued to decline. The mainstream quotation of hydrogen peroxide in Shandong Province fell to 640 RMB/ton, while the mainstream quotation in Anhui Province remained at 1,100 RMB/ton. The terminal demand had not yet recovered, and hydrogen peroxide continued to be weak.
Market outlook
According to the hydrogen peroxide analysts of SunSirs, since November, some hydrogen peroxide manufacturers will restart their devices, and the market supply will increase, so the future market will still weaken.
