SunSirs: Terminal Demand Increased, Hydrogen Peroxide Market Rebounded
September 10 2024 14:17:56     SunSirs (John)Price trend
According to the data from the Commodity Market Analysis System of SunSirs, in early September, terminal demand improved and the hydrogen peroxide market rebounded. On September 2nd, the average market price of hydrogen peroxide was 803 RMB/ton, and on September 9th, the average market price of hydrogen peroxide was 833 RMB/ton, with a price increase of 3.73%.
Analysis review
Since September 2nd, there has been an increase in terminal rigid demand, leading to an increase in manufacturers' purchases of hydrogen peroxide. The bullish trend had also increased, and the hydrogen peroxide market had seen a rise, with an overall quotation of 800-900 RMB/ton. On September 9th, the average price of hydrogen peroxide in the Shandong region was around 750-800 RMB/ton, with a price increase of 50 RMB/ton. The average price of hydrogen peroxide in the Hebei region was 750 RMB/ton, with a price increase of 40 RMB/ton; The average price of hydrogen peroxide in the Anhui region was around 900 RMB/ton, and the price remained stable; The average price of hydrogen peroxide in the Fujian region was 1,100 RMB/ton, and the market was stable.
Market outlook
SunSirs’ Chemical Analysts believe that in mid to late September, the demand for hydrogen peroxide terminals will increase, and the future hydrogen peroxide market is expected to see an upward trend.
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