According to the Commodity Market Analysis System of the Business Society, from May 15th, the bullish factors were digested by the market, resulting in a weakening of terminal demand and a continuous decline in the market until early June. On May 15th, the average market price of hydrogen peroxide was 1033 yuan/ton. On June 5th, the average market price of hydrogen peroxide was 756 yuan/ton, with a price drop of 26.77%.
Poor terminal demand, continuous decline in hydrogen peroxide market
In mid May, the positive factors after the holiday were digested, and the demand for hydrogen peroxide in the market weakened. The hydrogen peroxide market experienced a continuous decline, falling to early June. The average market price of hydrogen peroxide was 756 yuan/ton, with a price drop of 200 to 300 yuan/ton, a decrease of nearly 27%. Due to poor terminal demand and insufficient confidence from manufacturers in pricing, the hydrogen peroxide market has fallen back to the pre May Day market.
Li Bing, a chemical analyst at Business Society, believes that the demand for hydrogen peroxide in the terminal industry is poor, and the future market will still be weak and downward.
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