According to monitoring data from Business Society, since December, bearish sentiment has been suppressed, terminal demand has been weak, and the market has been continuously falling. On December 1st, the average market price of hydrogen peroxide was 890 yuan/ton. On December 19th, the average market price of hydrogen peroxide was 833 yuan/ton, a decrease of 6.37%.
Low terminal demand, weak hydrogen peroxide market, and declining trend
Since December, the market for terminal paper printing and caprolactam has performed poorly, with a decrease in the quantity of hydrogen peroxide purchased and a lack of market sales. Hydrogen peroxide manufacturers lack confidence in price support, and hydrogen peroxide prices continue to decline. On December 19th, the average price of hydrogen peroxide in the market dropped to 833 yuan/ton, a decrease of nearly 7% compared to the beginning of the month.
Li Bing, a chemical analyst at Business Society, believes that some hydrogen peroxide companies have stopped maintenance, and the market supply is tightening. The hydrogen peroxide market is expected to experience a bottoming out rebound in the future.
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