Bearish Pressure Continues to Drive Down Hydrogen Peroxide Prices in China

February 2nd news

According to the commodity market analysis system: Since January, the price of hydrogen peroxide has been continuously declining, reaching new lows until early February. At the beginning of January, the average market price of hydrogen peroxide in China was 776 CNY/ton, and on February 2nd, the average market price dropped to 630 CNY/ton, a decrease of 18.88%.

Bearish pressure continues to push hydrogen peroxide prices down in China.

After New Year's Day, the caprolactam market for hydrogen peroxide terminals in China mainly remained stable. The demand from the printing and papermaking industries was sluggish, with moderate enthusiasm for purchasing hydrogen peroxide, buying as needed and using it immediately. The operating rates of hydrogen peroxide manufacturers were high, leading to an ample supply of hydrogen peroxide in the market, which significantly increased the supply pressure. The hydrogen peroxide market remained persistently weak, with prices falling to around 680 CNY/ton, a decrease of 100 CNY/ton.

In early February, as the Spring Festival approaches, terminal demand is weak, and manufacturers lack confidence in maintaining prices, leading to a widespread reduction in hydrogen peroxide factory prices. The market for hydrogen peroxide continues to weaken, with the average price falling to 500-700 CNY/ton, representing an overall decrease of 50-100 CNY/ton.

The hydrogen peroxide analyst believes that with weak terminal demand and ample market supply, the outlook for hydrogen peroxide prices is under pressure to rise, and a downward trend is likely to prevail.