Price trend

According to the market analysis system of SunSirs, after the May Day holiday, the hydrogen peroxide market experienced a tightening of supply, a positive end demand, and a continuous upward trend in the market. On May 1st, the average market price of hydrogen peroxide was 740 RMB/ton. On May 9th, the average market price of hydrogen peroxide was 1,033 RMB/ton, with a price increase of 39.64%.

Supported by favorable factors, the hydrogen peroxide market continued to rise after the holiday

During the May Day holiday, an accident occurred in the hydrogen peroxide plant of Luxi Chemical, and the hydrogen peroxide plant of Jiantao in Hengyang, Hunan was shut down, resulting in a tense supply of hydrogen peroxide in the market. After the holiday, the prices quoted by hydrogen peroxide manufacturers skyrocketed, with mainstream prices ranging from 950 to 1,050 RMB/ton, an increase of 200 to 250 RMB/ton. Among them, Shandong Mingshui offered 27.5% hydrogen peroxide at a price of 1,050 RMB/ton; Hebei Zhengyuan’s Hydrogen Peroxide was quoted at 950 RMB/ton, while Anhui Quansheng Chemical’s Hydrogen Peroxide was quoted at 950 RMB/ton.

In the second week, due to the fact that the Luxi plant had not yet started construction, the supply of hydrogen peroxide in the market was tight, and manufacturers were mainly supporting prices. The hydrogen peroxide market continued to rise, with mainstream quotations exceeding 1,000 RMB/ton and prices rising by 50 RMB/ton.

Market outlook

Analysts from SunSirs Chemical believe that the tight supply situation in the market continues, with terminal demand supporting it, and hydrogen peroxide will continue to operate at a high level in the short term.

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