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SunSirs: Under the Support of Bullish, the Hydrogen Peroxide Market Continued to Rise
August 16 2022 10:46:25SunSirs(John)

Price trend

According to the monitoring data of SunSirs, since August, the rigid demand of the terminal has increased, and the hydrogen peroxide market has risen steadily for half a month. As of August 15, the average market price of hydrogen peroxide was 886 RMB/ton, up 9.47% from the beginning of the month.

Analysis review

Since August, the market of hydrogen peroxide terminal paper and CPL has fallen to a low point, and the market of hydrogen peroxide has been restricted by it, and the market has also fallen to a low point. Manufacturers were more psychologically expensive, and some manufacturers stopped for maintenance, and the supply was tight. Supported by the bulls, the hydrogen peroxide market improved, and the market recovered, returning to the line of 820 RMB/ton, an increase of nearly 2%.

In the second week, the terminal orders of hydrogen peroxide increased, the quotations of hydrogen peroxide from manufacturers increased, and the market continued to rise. By August 12, the increase had exceeded 8%.

In the third week, the hydrogen peroxide market was still mainly rising, and the terminal demand was improving. The hydrogen peroxide manufacturers were confident in their prices. As of August 15, the average market price of hydrogen peroxide rose to 886 RMB/ton, and the price rose 9.47% from the beginning of the month, close to 10%.

On August 15, the hydrogen peroxide market of some domestic manufacturers is as follows:

The price of hydrogen peroxide from Luxi Chemical was 720 RMB/ton; the price of Hebei Zhengyuan hydrogen peroxide was 780 RMB/ton; the price of hydrogen peroxide of Anhui Quansheng Chemical was 1,160 RMB/ton.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that the terminal demand is gradually picking up, and the bullishness is still there, and the hydrogen peroxide market in the market outlook still maintains an oscillating rise.

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