According to data from the Commodity Analysis System of Shengyi Society, the hydrogen peroxide market fluctuated and rose in March, with an increase of over 31%. At the beginning of the month, the average price of hydrogen peroxide in the market was 600 yuan/ton. On March 26th, the price of hydrogen peroxide was 790 yuan/ton, an increase of 31.67%.
The bullish support for the continuous rise of hydrogen peroxide market in March
At the beginning of March, the demand for terminal paper printing industry was still acceptable, the operating rate of manufacturers was average, and the trend of hydrogen peroxide market was relatively stable. In the second week, affected by the situation in the Middle East, products such as crude oil and natural gas rose significantly, and the transportation cost of hydrogen peroxide increased. Manufacturers had a strong bullish mentality, and the market experienced a wave of upward trend. As of March 10th, the hydrogen peroxide market rose to around 670 yuan/ton, with a price increase of about 70 yuan/ton compared to the beginning of the month.
After mid month, the bullish trend continued, with tight supply and positive terminal demand. The hydrogen peroxide market continued to rise, reaching 790 yuan/ton, an increase of nearly 200 yuan/ton compared to the beginning of the month.
Business Society’s hydrogen peroxide analyst believes that some manufacturers’ equipment is still under maintenance, with tight supply and positive support, and the hydrogen peroxide market will continue to rise.
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