SunSirs: Supply Was Tight, Hydrogen Peroxide Market Was Soaring
July 19 2023 14:10:00 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the hydrogen peroxide market has surged since July. As of July 18th, the average market price of hydrogen peroxide was 1,200 RMB/ton, an increase of over 53% compared to the beginning of the month.
Supply was tight, hydrogen peroxide market was constantly rising
Starting from July, terminal demand has rebounded, and manufacturers' supply of hydrogen peroxide has tightened. The hydrogen peroxide market has surged, up 53.19% from the beginning of July. Due to the shutdown of major factories that had not yet started, the supply of hydrogen peroxide market was tight, terminal procurement demand was increasing, and market transactions were fast. Manufacturers had raised the factory price of hydrogen peroxide one after another, with a mainstream quotation of 1,200 RMB/ton and a price increase of 200 to 250 RMB/ton.
Market outlook
SunSirs’ Hydrogen Peroxide Analysts believe that it is difficult to restore hydrogen peroxide supply in the short term, and it is expected that the hydrogen peroxide market will continue to operate at a high level in the future.
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