Price trend
According to the SunSirs commodity analysis system, hydrogen peroxide prices have rebounded since October 1st, with a significant increase. On October 1st, the average price of hydrogen peroxide was 753 RMB/ton. On October 28th, the average price was 930 RMB/ton, a 23.45% increase.
Hydrogen peroxide prices surged under bullish support
During the National Day holiday, domestic hydrogen peroxide manufacturers underwent maintenance, resulting in tight supply. However, demand from the end-use caprolactam and papermaking industries increased, leading to a continuous rise in hydrogen peroxide prices, which had been increasing for over two weeks, with a nearly 20% increase. The average market price of hydrogen peroxide had risen to around 900 RMB/ton. Since mid-October, the hydrogen peroxide market had gradually stabilized after this surge, remaining at a high level with minimal fluctuations.
At the end of the month, after a sharp rise in the hydrogen peroxide market, the market continued to run at a high level, with the average market price rising to 930 RMB/ton, up more than 23% from the beginning of the month.
Market Forecast:
SunSirs' hydrogen peroxide analysts believe that in November, demand in the terminal printing and papermaking industry declines, while the supply of hydrogen peroxide will increase, and the market outlook will continue to weaken.
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