According to the data from the Commodity Market Analysis System of Business Society, since April, the hydrogen peroxide market has weakened and prices have fluctuated and fallen. On April 1st, the average market price of hydrogen peroxide was 946 yuan/ton. On April 17th, the average market price of hydrogen peroxide was 916 yuan/ton, with a price drop of 3.17%.
Negative pressure on hydrogen peroxide market oscillation and decline
In early April, the performance of terminal paper and caprolactam was average, with a decrease in the amount of purchased hydrogen peroxide. The hydrogen peroxide market was mainly weak and the price was slightly lowered, with an overall quotation of 900-950 yuan/ton. In the middle of the month, the market for caprolactam surged, and the quantity of purchased hydrogen peroxide increased. The hydrogen peroxide market slightly increased, but due to the still sluggish market for printing paper and other products, the hydrogen peroxide market continued to decline weakly after the rise. As of April 17th, hydrogen peroxide has decreased by over 3% compared to the beginning of the month.
Chemical analysts from Business Society believe that in late April, terminal demand for hydrogen peroxide remained sluggish, putting pressure on the market’s future upward trend.
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