According to monitoring data from Business Society, the hydrogen peroxide market experienced a significant decline in November. At the beginning of the month, the average market price of hydrogen peroxide was 1150 yuan/ton. On November 27th, the average market price of hydrogen peroxide was 890 yuan/ton, with a price drop of 22.61%.
Negative sentiment suppresses the significant decline in hydrogen peroxide market in November
At the beginning of the month, the stocking market in the terminal paper and printing industries ended, and the order volume of hydrogen peroxide decreased, resulting in average market transactions. Hydrogen peroxide manufacturers have lowered their factory prices one after another, resulting in a significant drop in hydrogen peroxide prices. The market average price has dropped to 950 yuan/ton, with a daily drop of 200-300 yuan/ton, a drop of nearly 18%.
In the middle of the month, terminal demand has not improved, and the hydrogen peroxide market continues to decline, with a slowdown compared to the previous period. The average market price has dropped to 900 yuan/ton, indicating a weak trend in the market. As the end of the month approaches, the hydrogen peroxide market is basically stable, with mainstream market quotes of 890-900 yuan/ton.
Li Bing, an hydrogen peroxide analyst at Business Society, believes that terminal demand is weak, and the hydrogen peroxide market continues to decline weakly. Due to the current low level of hydrogen peroxide market, entering December, the market may stop falling and rebound.
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