According to monitoring data from Business Society, starting from July 10th, there were positive factors supporting the tightening of supply and a significant increase in the market. On July 24th, the average market price of hydrogen peroxide was 1200 yuan/ton. On July 10th, the average market price of hydrogen peroxide was 960 yuan/ton, with a price increase of 25%.
Lido Supports the Rise of Hydrogen Peroxide Market
Since July 10th, some hydrogen peroxide manufacturers have not yet started up, and the supply of hydrogen peroxide in the market is tightening. Hydrogen peroxide manufacturers are mainly overpriced, and the market continues to operate at a high level. The mainstream quotation of hydrogen peroxide manufacturers in Shandong region is 1250 yuan/ton, while the mainstream quotation of hydrogen peroxide manufacturers in Hebei region is 1150 yuan/ton. The mainstream quotation of hydrogen peroxide manufacturers in Anhui region is 1250 yuan/ton, with an increase of about 200 yuan/ton. The market is accelerating and transactions are good.
Li Bing, a chemical analyst at Business Society, believes that the supply gap is still there and the future market for hydrogen peroxide will remain high.
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