SunSirs: Supply Tightened, and Hydrogen Peroxide Market Was Upward

https://www.chemnet.com   Jul 01,2024 SunSirs

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, at the end of June, supply tightened and the hydrogen peroxide market rose. On June 24th, the average market price of hydrogen peroxide was 920 RMB/ton. On June 28th, the average market price of hydrogen peroxide was 950 RMB/ton, with a price increase of 3.26%.

Supply tightened, and hydrogen peroxide market was upward

At the end of June, a fire accident occurred in the hydrogen peroxide oxidation tower of Tianjin Bohua Chemical Development Co., Ltd., involving an annual production capacity of 100,000 tons of hydrogen peroxide. The supply was tightening, and the overall hydrogen peroxide market was rising. The overall quotation was 850-1,000 RMB/ton, with a price increase of about 50 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 850 RMB/ton, with a price increase of 20 RMB/ton. The average market price of hydrogen peroxide in Hebei region was 850 RMB/ton, with a price increase of 20 RMB/ton. The average market price of hydrogen peroxide in Anhui region was about 1,000 RMB/ton, with a price increase of 50 RMB/ton.

Market outlook

Chemical analysts from SunSirs believe that in July, hydrogen peroxide manufacturers began to shut down for maintenance, and there is still room for an upward trend in the hydrogen peroxide market in the future.

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