According to the commodity market analysis system of Business Society, starting from January, the hydrogen peroxide market has been on a continuous downward trend, with prices persistently hitting new lows until early February. At the beginning of January, the average market price of hydrogen peroxide was 776 yuan/ton. By February 2nd, the average market price had dropped to 630 yuan/ton, marking a decline of 18.88%.

Negative factors have pressured the hydrogen peroxide market into a sustained downturn. After the New Year's Day, the terminal caprolactam market remained largely stable, while demand in the printing and paper industries was sluggish. Purchasing enthusiasm for hydrogen peroxide was generally low, with buyers procuring only as needed and using supplies immediately. Hydrogen peroxide manufacturers maintained high operating rates, leading to ample market supply and increased supply pressure. As a result, the hydrogen peroxide market remained predominantly weak, with prices falling to around 680 yuan/ton, a drop of 100 yuan/ton.

In early February, as the Spring Festival approached, rigid demand from end-users remained weak, and manufacturers lacked confidence in maintaining prices. Consequently, they successively lowered the ex-factory prices of hydrogen peroxide. The market continued to weaken, with the average market price dropping to 500-700 yuan/ton, representing an overall decline of 50-100 yuan/ton.

Analysts from Business Society specializing in hydrogen peroxide believe that weak terminal demand and ample market supply will exert pressure on the hydrogen peroxide market, making it difficult for prices to rise in the near future. The market is expected to remain predominantly weak with a downward trend.