February 2, News - According to monitoring data, on February 2, some hydrogen peroxide units at Shandong Jincheng Petrochemical Group Co., Ltd. were shut down for maintenance, with a quoted price of 500 yuan/ton, representing a decrease of 120 yuan/ton. Chempricehub's analysis of hydrogen peroxide indicates a bearish score of -1. The shutdown of some hydrogen peroxide units at Shandong Jincheng Petrochemical for maintenance should theoretically reduce supply. However, the quoted price fell by 120 yuan/ton to 500 yuan/ton, indicating weak market demand or high inventory pressure, which has a bearish impact on spot prices. The price decline directly reflects an imbalance in market supply and demand, which may stem from insufficient downstream demand or intensified industry competition. In the short term, spot prices are expected to face downward pressure.