SunSirs: Hydrogen Peroxide Market Rose Strongly in August

Price trend

According to the monitoring data of SunSirs, the hydrogen peroxide market continued to rise in August, and the price continued to rise. At the beginning of the month, the average market price of hydrogen peroxide was 810 RMB/ton. On the 25th, the average market price of hydrogen peroxide was 890 RMB/ton, a price increase of 9.88%.

Analysis review

Since August, the market of hydrogen peroxide terminal paper and caprolactam fell to a low point, and the market of hydrogen peroxide was restricted by it, and the market also fell to a low point. Manufacturers had a strong mentality of high prices. In addition, some manufacturers had stopped for maintenance, and the supply was tight. Under the support of bullish, 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 still rose mainly, the terminal demand improved, and the hydrogen peroxide manufacturers were confident in the price. As of August 15, the average market price of hydrogen peroxide rose to 886 RMB/ton, a price increase of 9.47% from the beginning of the month, close to 10%. Since the 16th, the hydrogen peroxide market has declined.

At the end of the month, after a short-term adjustment, the hydrogen peroxide market rose again. As of August 25, the hydrogen peroxide market rose to 890 RMB/ton, and the price rose 9.88% from the beginning of the month.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that: supported by the rigid demand of the terminal, the hydrogen peroxide market will continue to rise and run at a high level.

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