SunSirs: Supply and Demand Gamed, Hydrogen Peroxide Market Fluctuated and Rose in July

https://www.chemnet.com   Jul 30,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the domestic hydrogen peroxide market fluctuated and rose in July, with an increase of over 3%. At the beginning of the month, the average market price of hydrogen peroxide was 900 RMB/ton. On the 29th, the average market price of hydrogen peroxide was 930 RMB/ton, an increase of 3.33%.

Supply and demand gamed, hydrogen peroxide market fluctuated and rose in July

At the beginning of July, the terminal paper industry market was average, and manufacturers' purchases of hydrogen peroxide were flat. The hydrogen peroxide market continued to fluctuate and decline, with an overall quotation of 850-960 RMB/ton. Among them, the average market price of hydrogen peroxide in Shandong region was about 900 RMB/ton, with a price drop of 50 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 960 RMB/ton, with a price drop of 20 RMB/ton.

In mid July, due to the hot weather, some hydrogen peroxide companies stopped work for maintenance, causing a decline in market supply. As a result, terminal printing and paper manufacturers increased their purchases of hydrogen peroxide, leading to a rise in the hydrogen peroxide market with an overall price range 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.

At the end of July, terminal demand weakened, and the overall hydrogen peroxide market declined, with the market average price dropping to 850-960 RMB/ton, indicating a weak and stable operation of the market.

Market outlook

The hydrogen peroxide analyst from SunSirs believes that in August, manufacturers enter the parking season and supply becomes tight. The bullish trend is still present, and there is still room for the hydrogen peroxide market to rise in the future.

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

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