According to data from the Commodity Analysis System of Shengyi Society, the hydrogen peroxide market weakened and continued to decline in January, with a drop of over 12%. At the beginning of the month, the average price of hydrogen peroxide in the market was 776 yuan/ton. On January 27th, the price of hydrogen peroxide was 676 yuan/ton, a decrease of 12.88%.
Negative pressure on January hydrogen peroxide market continues to decline
After New Year’s Day, the demand for hydrogen peroxide in the terminal printing and papermaking industry was sluggish, and the enthusiasm for purchasing hydrogen peroxide was average. It was purchased on demand and used as needed. The operating rate of hydrogen peroxide manufacturers is relatively high, and the market supply of hydrogen peroxide is sufficient. The supply pressure has doubled, and the hydrogen peroxide market continues to be sluggish, with prices falling to around 680 yuan/ton, a decrease of 100 yuan/ton.
The hydrogen peroxide analyst from Shengyi Society believes that supply pressure is still present, terminal demand is weak, and the hydrogen peroxide market will continue to face upward pressure in the future, mainly due to weak operation.