Negative Factors Weighing Down, Hydrogen Peroxide Market Continues to Hit New Lows

December 05 news

According to the commodity analysis system: Since November, the hydrogen peroxide market in China has been mainly declining, with prices falling continuously until early December. On November 1, the average market price of hydrogen peroxide was 930 CNY/ton, and by December 20, the average market price had dropped to 860 CNY/ton, a decrease of 16.85%.

Bearish pressure causes hydrogen peroxide prices in China to fall by more than 16%

In early November, the supply of hydrogen peroxide was loose, with terminal demand being low, leading to a dominance of negative factors and a continuous decline in the hydrogen peroxide market. In Shandong, the average market price for hydrogen peroxide was 850-880 CNY/ton, a decrease of 50 CNY/ton. In Anhui, the average market price for hydrogen peroxide was around 850 CNY/ton, also a decrease of 50 CNY/ton. By November 15th, the average market price for hydrogen peroxide in China had fallen to around 860 CNY/ton, a total decrease of 100 CNY/ton from the beginning of the month.

In the middle to late part of the month, due to the shutdown maintenance of hydrogen peroxide manufacturers, the supply tightened, and manufacturers held firm on prices, leading to a slight increase in the hydrogen peroxide market. However, due to the continued weakness in terminal demand, after the rise, the hydrogen peroxide market experienced a correction, with prices returning to around 860 CNY/ton.

Entering December, the demand for hydrogen peroxide remains weak, and the supply pressure on manufacturers in China continues. The confidence to maintain prices is insufficient, and the trend of hydrogen peroxide prices continues to decline. The average market price of hydrogen peroxide in China has fallen to around 770 CNY/ton, with a decrease of about 160 CNY/ton.

The hydrogen peroxide analyst believes that in mid-December, demand from the downstream printing and papermaking industries remained sluggish, putting continued pressure on hydrogen peroxide supply, and the market outlook is expected to remain weak.