SunSir: Supported by Favorable Factors, the Hydrogen Peroxide Market Had Risen
July 26 2023 09:17:49 SunSirs (John)
Price trend
According to monitoring data from SunSirs, starting from July 10th, there were positive factors supporting the tightening of supply and a significant increase in the market. On July 24th, the average market price of hydrogen peroxide was 1,200 RMB/ton. On July 10th, the average market price of hydrogen peroxide was 960 RMB/ton, with a price increase of 25%.
Supported by favorable factors, the hydrogen peroxide market rose
Since July 10th, some hydrogen peroxide manufacturers had not yet started up, and the supply of hydrogen peroxide in the market was tightening. Hydrogen peroxide manufacturers were mainly supporting prices, and the market continued to operate at a high level. The mainstream quotation of hydrogen peroxide manufacturers in Shandong region was 1,250 RMB/ton, while the mainstream quotation of hydrogen peroxide manufacturers in Hebei region was 1,150 RMB/ton. The mainstream quotation of hydrogen peroxide manufacturers in Anhui region was 1,250 RMB/ton, with an increase of about 200 RMB/ton. The shipment was accelerating and transactions were good.
Market outlook
Chemical analysts from SunSirs believe that the supply gap still existed, and the future market for hydrogen peroxide will remain high.
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