Price trend
According to the Commodity Market Analysis System of SunSirs, since February, the overall hydrogen peroxide market has rebounded and steadily risen. At the beginning of the month, the average market price of hydrogen peroxide was 683 RMB/ton. On February 25th, the average market price of hydrogen peroxide was 723 RMB/ton, with a price increase of 5.85%.
Terminal demand increased, hydrogen peroxide market heated up in February
During the Spring Festival, most hydrogen peroxide manufacturers stopped for maintenance, resulting in a decrease in hydrogen peroxide supply. After the holiday, some hydrogen peroxide manufacturers have restarted one after another, but the supply of hydrogen peroxide was still tight. The terminal stocking market was driving, and the hydrogen peroxide market was stable with a slight increase, overall relatively stable. The average price of hydrogen peroxide in the domestic market was 600-780 RMB/ton, and the market fluctuation was relatively small.
In the middle of the month, some manufacturers' hydrogen peroxide devices were still shut down for maintenance, resulting in a decrease in the supply of hydrogen peroxide. The terminal printing and papermaking industry had average terminal demand, with sluggish supply and demand. The hydrogen peroxide market continued to weaken, with slight price adjustments.
At the end of the month, the rigid demand for terminal CPL and paper industry increased, and hydrogen peroxide manufacturers gradually raised their prices. The average market price of hydrogen peroxide rose to 723 RMB/ton, with a price increase of 50-100 RMB/ton, and the market price increased by more than 5% compared to the beginning of the month.
Market outlook
SunSirs’ hydrogen peroxide analyst believes that after March, the demand for hydrogen peroxide will gradually improve, and the market is expected to continue to rise.
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