SunSirs: Supply Tightening, Hydrogen Peroxide Market Rose

https://www.chemnet.com   Jul 17,2024 SunSirs

Price trend

According to the data from the Commodity Market Analysis System of SunSirs, since mid July, the supply of hydrogen peroxide has become tight, terminal demand has improved, and the market has heated up. On July 1st, the average market price of hydrogen peroxide was 900 RMB/ton, and on July 16th, the average market price of hydrogen peroxide was 956 RMB/ton, with a price increase of 6.3%.

The supply was tightening, and hydrogen peroxide was experiencing an increase

Since mid July, the weather has been hot, causing some hydrogen peroxide companies to shut down for maintenance, resulting in a decline in market supply. Terminal printing and paper manufacturers have increased their purchases of hydrogen peroxide, and the hydrogen peroxide market has risen one after another, with an overall quotation of 900-980 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was around 980 RMB/ton, with a price increase of 80 RMB/ton; the average market price of hydrogen peroxide in Hebei region was 930 RMB/ton, with a price increase of 50 RMB/ton; and the average market price of hydrogen peroxide in Anhui region was around 960 RMB/ton, with prices remaining unchanged.

Market outlook

SunSirs’ Chemical Analysts believe that at the end of July, the demand for terminal hydrogen peroxide is poor, and the momentum for the continued rise of the hydrogen peroxide market in the future is insufficient, and the market is mainly weakly downward.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

 Print  |    add to Favorites  |    Close