SunSirs: Terminal Demand Increased and Hydrogen Peroxide Market Recovered
November 18 2022 10:45:08 SunSirs (John)
Price trend
According to the monitoring of SunSirs, the hydrogen peroxide market recovered in the middle of November, and the price rose by more than 4% compared with the beginning of the month. On November 4, the average price of hydrogen peroxide in the market was 823 RMB/ton, and on November 17, the average price of hydrogen peroxide in the market was 860 RMB/ton, up 4.45%.
Analysis review
Demand picked up and hydrogen peroxide market rose in shock
After November 4, the decline of terminal caprolactam market slowed down, and the enthusiasm for purchasing hydrogen peroxide increased, supporting the rise of hydrogen peroxide price. Among them, orders from some manufacturers increased and prices rose steadily. The hydrogen peroxide market of other manufacturers was mainly stable. The overall domestic hydrogen peroxide market fluctuated to be strong. The mainstream quotation in Shandong was about 780 RMB/ton, and that in Anhui was about 950 RMB/ton.
Market outlook
Hydrogen peroxide analysts from SunSirs believe that the terminal paper industry is in a downturn, and hydrogen peroxide is still under pressure for rise.
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