According to the Commodity Market Analysis System of Business Society, in mid October, terminal rigid demand decreased, and the hydrogen peroxide market continued to decline, with a drop of over 1%. On October 16th, the average market price of hydrogen peroxide was 1533 yuan/ton. On October 19th, the average market price of hydrogen peroxide was 1516 yuan/ton, with a price drop of 1.09%.
Demand Drops, Hydrogen Peroxide Market Declines
In mid October, the demand for stocking in the terminal printing and papermaking industry fell, and the price of hydrogen peroxide slowed down after experiencing a significant decline in the previous period. The mainstream quotation for 27.5% hydrogen peroxide in Shandong region dropped to 1500 yuan/ton, while the mainstream quotation for 27.5% hydrogen peroxide in Hebei region dropped to 1550 yuan/ton, and the mainstream quotation for 27.5% hydrogen peroxide in Anhui region dropped to 1500 yuan/ton. The overall price of 27.5% hydrogen peroxide in China has dropped by about 50 yuan/ton.
Li Bing, a chemical analyst at Business Society, believes that terminal demand is poor, and the future market of hydrogen peroxide is under pressure.
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