November hydrogen peroxide market shows weak downward trend in China

November 25th, according to news from China

According to the commodity analysis system: Since November, the hydrogen peroxide market in China has continued to decline, with prices remaining weak. On November 1, the average market price of hydrogen peroxide was 930 CNY/ton, and by November 25, the average market price had fallen to 846 CNY/ton, a decrease of 8.96%.

Negative factors dominate as the November hydrogen peroxide market weakens.

In the first ten days of the month, hydrogen peroxide supply was loose, terminal demand was sluggish, and negative factors dominated, leading to a continuous decline in the hydrogen peroxide market. In Shandong, the average market price of hydrogen peroxide was 850-880 CNY/ton, with a price decrease of 50 CNY/ton. In Anhui, the average market price of hydrogen peroxide was around 850 CNY/ton, also with a price decrease of 50 CNY/ton. By November 15th, the average market price of hydrogen peroxide in China had dropped to around 860 CNY/ton, a total decrease of 70 CNY/ton from the beginning of the month.

Mid-month, due to the shutdown of hydrogen peroxide manufacturers for maintenance, supply tightened, and manufacturers held firm on prices, leading to a slight increase in the hydrogen peroxide market. However, due to persistently weak terminal demand, the market saw a correction after the price increase, with prices returning to around 860 CNY/ton.

At the end of the month, hydrogen peroxide terminal demand was poor, with general market transactions and the trend continuing to decline mainly. The average price of hydrogen peroxide in the Chinese market fell to around 850 CNY/ton, a decrease of 100 CNY/ton from the beginning of the month.

The hydrogen peroxide analyst believes: In December, the demand from the end-user printing and papermaking industries in China remains weak, with a loose supply of hydrogen peroxide. The market trend is expected to continue downward.