According to monitoring data from Business Society: On January 12, Shandong Jincheng Petrochemical Group Co., Ltd. had some hydrogen peroxide units shut down for maintenance, with a quoted price of 680 yuan/ton, representing a decrease of 40 yuan/ton. PriceSeek analysis of hydrogen peroxide, with a long-short score of -1: The article reports that some hydrogen peroxide units at Shandong Jincheng Petrochemical are undergoing maintenance, which typically reduces supply and is favorable for prices. However, the quoted price has dropped by 40 yuan/ton to 680 yuan/ton, indicating that the current market supply is sufficient or demand is weak, leading to downward pressure on prices. Based on analysis of the spot market, the price decline reflects a short-term oversupply situation, which generally exerts bearish pressure on the spot price of hydrogen peroxide.