Price trend

According to the market analysis system of SunSirs, in May, due to some manufacturers experiencing hydrogen peroxide malfunctions, supply was tight, and the hydrogen peroxide market experienced a significant increase of over 30%. However, it began to decline gradually in the middle of the month, and the market remained high, with an overall increase of over 13%. At the beginning of the month, the average market price of hydrogen peroxide was 740 RMB/ton. On May 26th, the average market price of hydrogen peroxide was 840 RMB/ton, an increase of 13.51%.

Supported by favorable factors, the hydrogen peroxide market continued to run at a high level in May

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.

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

In mid May, the favorable factors after the holiday were digested, and the demand for hydrogen peroxide in the market weakened, leading to a decline in the hydrogen peroxide market. As of May 22nd, the prices quoted by hydrogen peroxide manufacturers had decreased, with mainstream prices ranging from 770-850 RMB/ton, a decrease of 100-200 RMB/ton.

At the end of the month, the hydrogen peroxide market gradually stabilized, lasting around 800 RMB/ton, and the market continued to operate in a weak trend.

Market outlook

Analysts from SunSirs Chemical believe that the bearish trend is dominant, and the hydrogen peroxide market in June is difficult to replicate the strong rise in May, and may continue to be dominated by weak and downward trends.

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