According to the commodity analysis system of Shengyi Society, the hydrogen peroxide market has continued to decline since November, with prices remaining weak and consolidating. On November 1st, the average market price of hydrogen peroxide was 930 yuan/ton, and on November 25th, the average market price of hydrogen peroxide was 846 yuan/ton, a decrease of 8.96% in price.
Negative led hydrogen peroxide market weakens in November
In the first ten days, hydrogen peroxide supply was loose, terminal demand was sluggish, and negative factors dominated, resulting in a continuous decline in the hydrogen peroxide market. The average price of hydrogen peroxide in the Shandong region is 850-880 yuan/ton, with a price drop of 50 yuan/ton. The average price of hydrogen peroxide in the Anhui region is around 850 yuan/ton, with a price drop of 50 yuan/ton. As of November 15th, the average price of hydrogen peroxide in the domestic market has dropped to around 860 yuan/ton, an overall decrease of 70 yuan/ton from the beginning of the month.
In the middle of the month, due to the shutdown and maintenance of hydrogen peroxide manufacturers, supply became tight, and manufacturers raised prices, resulting in a slight increase in the hydrogen peroxide market. Due to the sustained low demand from end-users, the hydrogen peroxide market experienced a pullback after rising, with prices returning to the 860 yuan/ton line.
At the end of the month, the demand for hydrogen peroxide terminals was poor, the market transactions were average, and the market continued to decline weakly. The average price of hydrogen peroxide in the domestic market has dropped to around 850 yuan/ton, a decrease of 100 yuan/ton from the beginning of the month.
The hydrogen peroxide analyst from Shengyi Society believes that in December, the demand for terminal printing and papermaking industry remains sluggish, and the supply of hydrogen peroxide is loose. The future market trend will continue to decline.