According to the Commodity Market System of the Business Society, the hydrogen peroxide market continued to decline weakly from June until June 12th. On June 12th, the average market price of hydrogen peroxide was 723 yuan/ton, a decrease of 6.47% compared to the beginning of the month.
Since June, due to weak terminal demand and loose supply, hydrogen peroxide manufacturers have weak confidence in price support, and multiple bearish pressures have led to a continued weak and downward trend in the hydrogen peroxide market. The mainstream quotation has dropped to around 700 yuan/ton.
Li Bing, a hydrogen peroxide analyst at Business Society, believes that bearish factors are still present and it is expected that the hydrogen peroxide market will remain weak and weak in the future, with weak upward momentum.
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