April 8th News
On April 8th, Hangzhou Mingxin Hydrogen Peroxide Co., Ltd. successfully started up its 450,000-ton hydrogen peroxide plant, with the price of 27.5% hydrogen peroxide quoted at 1,050 yuan per ton, a decrease of 50 yuan per ton.
Chempricehub Analysis of Hydrogen Peroxide
Bull-Bear Score: -1
The article indicates that Hangzhou Mingxin's hydrogen peroxide plant has started up normally, with the price of 27.5% hydrogen peroxide dropping by 50 yuan per ton to 1,050 yuan per ton. This suggests a stable increase in supply, while demand may be weak or market competition may have intensified. The price decline directly reflects downward pressure in the spot market, representing a general bearish signal, with a score of -1. Without an improvement in demand, spot prices may continue to face pressure in the short term.
Comments
0