SunSirs: Hydrogen Peroxide Market Rose in September
September 27 2023 14:34:13 SunSirs (John)
Price trend
According to the market analysis system of SunSirs, in September, the hydrogen peroxide market oscillated and rose by over 47%. At the beginning of the month, the average market price of hydrogen peroxide was 1,440 RMB/ton. On September 25th, the average market price of hydrogen peroxide was 2,126 RMB/ton, an increase of 47.69%.
Positive factors remained, and the hydrogen peroxide market continued to oscillate and rise in September
Since September, some hydrogen peroxide manufacturers had not yet started up, and the supply was still tight. In addition, with the recovery of hydrogen peroxide terminal printing and paper industry market, and the rigid procurement demand provided support, the market for terminal CPL had risen. Supported by multiple positive factors, the hydrogen peroxide market continued to rise sharply, rising for more than half a month, with an increase of over 52%. The prices quoted by major manufacturers all exceed 2,000 RMB/ton, with mainstream prices in Shandong region reaching 2,200 RMB/ton, mainstream prices in Anhui region reaching 2,400 RMB/ton, and mainstream prices in Hebei region reaching 2,000 RMB/ton. The market had all increased by 200 to 400 RMB/ton.
Towards the end of the month, the market's recognition of high-priced hydrogen peroxide decreased, and manufacturers had gradually lowered the factory price of hydrogen peroxide. The market had gradually declined, with the average market price dropping to around 2,100 RMB/ton, a decrease of 3.33%.
Market outlook
Chemical Industry Analysts from SunSirs believe that during the Double Festival period, terminal manufacturers will stop for maintenance, and demand will weaken. In the future, the hydrogen peroxide market may mainly decline weakly.
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