SunSirs: Terminal Demand Picked Up, and Hydrogen Peroxide Market Rose
April 21 2022 13:10:19 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, after the Qingming Festival, the hydrogen peroxide market oscillated up, with an increase of more than 10%. At the beginning of the week, on April 7, the average market price of hydrogen peroxide was 846 RMB/ton, and on April 20, the average market price of hydrogen peroxide was 933 RMB/ton, an increase of 10.24%.
Analysis review
The terminal demand improved, and the hydrogen peroxide market rose
After the Qingming Festival, the hydrogen peroxide market ushered in a rise. The market of the terminal paper industry ushered in an improvement, the demand for purchasing hydrogen peroxide increased, and the hydrogen peroxide manufacturers had strong confidence in the price support. The hydrogen peroxide market continued to rise, with an increase of about 50 RMB/ton, and the mainstream quotation exceeded 900 RMB/ton.
In the week of April 20, the terminal demand was stable, the hydrogen peroxide market rose steadily, and the price of hydrogen peroxide of manufacturers continued to be around 900 RMB/ton.
On April 20, Luxi Chemical's hydrogen peroxide price was 800 RMB/ton; Shijiazhuang Zhengyuan's hydrogen peroxide was 820 RMB/ton; and Quansheng Chemical's hydrogen peroxide price was 1,180 RMB/ton.
Market outlook
The hydrogen peroxide analyst of SunSirs believes that: the terminal demand has picked up, and the market outlook for hydrogen peroxide is still mainly upward.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
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