SunSirs: Supported by Bullish Factors, the Hydrogen Peroxide Market Recovered
August 08 2022 10:06:45 SunSirs (John)Price trend
According to the monitoring data of SunSirs, since August, the terminal demand has improved, and the hydrogen peroxide market has stopped falling and rose, with a weekly increase of more than 1%. On the 1st, the average market price of hydrogen peroxide was 810 RMB/ton, and on the 5th, the average market price of hydrogen peroxide was 823 RMB/ton, up 1.65%.
Analysis review
In July, the hydrogen peroxide market continued to oscillate and fall, with a drop of nearly 15%. 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 bullish factors, the hydrogen peroxide market improved, and the market recovered, returning to the line of 820 RMB/ton, an increase of nearly 2%.
On August 5, the hydrogen peroxide market of some domestic manufacturers was as follows:
The price of hydrogen peroxide from Luxi Chemical was 680 RMB/ton; the price of Hebei Zhengyuan hydrogen peroxide was 730 RMB/ton; the price of hydrogen peroxide of Anhui Quansheng Chemical was 1,080 RMB/ton.
Market outlook
The hydrogen peroxide analyst of SunSirs believes that the supply of hydrogen peroxide is tightening, and the market outlook for hydrogen peroxide can be expected to rise.
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