January 26 (Xinhua) – According to monitoring data, on January 26, Shandong Jincheng Petrochemical Group Co., Ltd. partially shut down its hydrogen peroxide unit for maintenance, with the quoted price at 620 yuan/ton, down by 60 yuan/ton. Chempricehub analysis of hydrogen peroxide: Bull-Bear Score: -1.5. The report indicates that Shandong Jincheng Petrochemical's hydrogen peroxide unit is undergoing maintenance, but the quoted price has dropped by 60 yuan/ton to 620 yuan/ton, a decline of approximately 9.7%. Unit shutdowns typically reduce supply, but the price drop suggests weak demand or increased inventory pressure, reflecting an imbalance in market supply and demand. This exerts a strong bearish impact on spot prices and may lead to downstream users adopting a wait-and-see approach in procurement, further suppressing short-term price trends. The score is -1.5 (strong bearish), as the decline is significant but does not indicate systemic risk.