SunSirs: Supported by Favorable Factors, the Hydrogen Peroxide Market Had Surged
March 20 2024 11:31:57 SunSirs (John)
Price trend
According to the commodity data analysis system of SunSirs, since March, the hydrogen peroxide market had been continuously recovering and rising. As of March 18th, the hydrogen peroxide market had surged, with an average market price of 913 RMB/ton, an increase of 16.6% compared to the beginning of the month.
Supported by favorable factors, the hydrogen peroxide market had surged
The sharp rise in the hydrogen peroxide market this round was mainly due to the improvement in terminal demand, some leading enterprises resuming operation, and the increase in prices. Large factories in Hebei Province had resumed operation, with prices rising to 920 RMB/ton. The prices of major hydrogen peroxide manufacturers in Shandong and Anhui regions had also exceeded 900 RMB/ton, leading to a significant increase in the overall hydrogen peroxide market.
Market outlook
SunSirs' hydrogen peroxide analyst believes that with demand support, it is expected that the hydrogen peroxide market will remain strong in the short term.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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