According to the monitoring data of business agency, since mid May, the terminal demand has weakened, and the hydrogen peroxide market has fallen, with a decline of nearly 5%. As of May 23, the average market price of hydrogen peroxide was 1186 yuan / ton, down 14.32% from May 16.
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Terminal demand turns weak and hydrogen peroxide market goes down
After May Day, the hydrogen peroxide market has improved and the price has risen. At the beginning of this week, due to the suppression of terminal demand, the hydrogen peroxide market began to callback after rising. This week, the hydrogen peroxide market gradually fell, and the price fell below 1200 yuan / ton to 1100 yuan / ton, down more than 4%.
In the middle and late ten days, the terminal demand for hydrogen peroxide fell, and the market continued to fall. As of May 23, the hydrogen peroxide fell by more than 14%, and the price fell below 1100 yuan / ton.
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On May 23, Luxi Chemical quoted 1020 yuan / ton of hydrogen peroxide, down 200 yuan / ton in a single day; Shijiazhuang Zhengyuan hydrogen peroxide quoted 900 yuan / ton, down 160 yuan / ton in a single day; Quansheng chemical hydrogen peroxide quoted 1250 yuan / ton, down 30 yuan / ton in a single day.
Business agency hydrogen peroxide analyst Li Bing believes that the terminal demand is poor, and the future price of hydrogen peroxide may continue to weaken.
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