According to the commodity analysis system of Shengyi Society, since June, the hydrogen peroxide market has fluctuated narrowly and risen, and the market has rebounded. On June 1st, the average market price of hydrogen peroxide was 696 yuan/ton, and on June 24th, the average market price of hydrogen peroxide was 723 yuan/ton, with a price increase of 3.83%.
Supply tightens, hydrogen peroxide market rises in June
In early June, the terminal demand in the printing and papermaking industry improved, and some manufacturers of hydrogen peroxide stopped for maintenance, resulting in tight supply and price increases. The average price in the domestic market rose to around 700 yuan/ton, with a price increase of around 10-20 yuan/ton.
In mid month, the upward momentum of the hydrogen peroxide market was insufficient, and the market gradually stabilized. The market transactions were still acceptable, and the overall market was consolidating. The average price of hydrogen peroxide market continued to hover around 700 yuan.
At the end of the month, the hydrogen peroxide market saw an upward trend, with prices rising to 720 yuan/ton, nearly 4% higher than the beginning of the month. As of June 24th, the average price of hydrogen peroxide in the market is 723 yuan/ton.
The hydrogen peroxide analyst from Shengyi Society believes that in July, there were many shutdowns of hydrogen peroxide manufacturers, with tight supply and demand support, and the market is expected to continue to recover.