SunSirs: Terminal Demand Was Poor, Hydrogen Peroxide Market Declined
According to the monitoring data of SunSirs, after the New Year’s Day, the hydrogen peroxide rebounded, and the price oscillated up. Affected by the weakening of terminal demand this week, the hydrogen peroxide market pulled back. As of January 19, the average market price of hydrogen peroxide was 800 RMB/ton, up 4.35% from the beginning of the month and down 1.64% from the beginning of the week.
The terminal demand has turned weak, and the hydrogen peroxide market has fallen
After New Year’s Day, the hydrogen peroxide market has begun to pick up one after another. The average hydrogen peroxide market price in the first week was 780 RMB/ton, an overall increase of 1.74%; from the second week, the hydrogen peroxide market continued to be stable, and the mainstream price was 816 RMB/ton. The demand in the terminal paper industry and printing industry was general, the price of hydrogen peroxide manufacturers was stable, the market purchase and sales were deserted, and the hydrogen peroxide continued to run smoothly. This week, the hydrogen peroxide market has declined one after another, and has fallen to 750-800 RMB/ton, down 1.64%.
On January 19, the hydrogen peroxide market of some domestic manufacturers is as follows:
Luxi Chemical’s price of hydrogen peroxide was 700 RMB/ton, down 40 RMB/ton from the beginning of the week; Hebei Zhengyuan’s hydrogen peroxide price was 750 RMB/ton, the same as the beginning of the week; Anhui Quansheng Chemical’s hydrogen peroxide price was 950 RMB/ton, the price was the same as the beginning of the week
Market outlook
The hydrogen peroxide analyst of SunSirs believes that: near the Spring Festival, the terminal demand for hydrogen peroxide is flat, and the market outlook is weak.