SunSirs: Hydrogen Peroxide Market Continued to Rise in March

Price trend

According to the monitoring data of SunSirs, the hydrogen peroxide market in March continued its upward trend in February, continuing to fluctuate and rise. On March 1st, the average market price of hydrogen peroxide was 806 RMB/ton. On March 27th, the average market price of hydrogen peroxide was 883 RMB/ton, with a price increase of 9.5%.

Analysis review

Supported by terminal rigid demand, the hydrogen peroxide market continued to oscillate and rise in March

Since March, the demand for hydrogen peroxide in the terminal paper printing industry had increased, and the quantity of hydrogen peroxide purchased was acceptable. The transaction in the hydrogen peroxide market had improved. Hydrogen peroxide manufacturers had continuously raised the factory price of hydrogen peroxide, and the overall market had risen. The mainstream quotation for hydrogen peroxide in Shandong was 750 RMB/ton; The mainstream quotation for hydrogen peroxide in Anhui Province was 850 RMB/ton; The mainstream quotation for hydrogen peroxide in Hangzhou was 1,150 RMB/ton; The overall price rose by 50 RMB/ton.

Beginning in the middle of the month, the supply was loose, and the overall hydrogen peroxide market was dominated by weak consolidation. On the 22nd, hydrogen peroxide manufacturers again raised the factory price of hydrogen peroxide, and the market rebounded. The mainstream quotation for hydrogen peroxide in Shandong was 840 RMB/ton, an increase of 90 RMB/ton compared to the previous period. The market of hydrogen peroxide in Anhui region remained stable, with an offer of 850 RMB/ton.

At the end of the month, the price of hydrogen peroxide continued to rise, and in Shandong, it had risen to 900 RMB/ton, up 50 RMB/ton from the middle of the month. The quotation for hydrogen peroxide in Anhui Province was 900 RMB/ton, with a price increase of 50 RMB/ton. Terminal demand was improving, and the market for hydrogen peroxide continued to rise.

Market outlook

According to the hydrogen peroxide analyst from SunSirs, the operating rate of the terminal industry will increase in April, and the hydrogen peroxide market is still expected to rise in the future.

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