According to monitoring data from Business Society, after the May Day holiday, the hydrogen peroxide market experienced a tightening of supply, improving terminal demand, and a significant increase in the market. On May 1st, the average market price of hydrogen peroxide was 740 yuan/ton. On May 4th, the average market price of hydrogen peroxide was 983 yuan/ton, with a price increase of 32.88%.
Tight supply and significant increase in hydrogen peroxide market after the holiday
In April, the demand for terminal printing and paper industries was poor, and the hydrogen peroxide market fell weakly, oscillating for nearly a month. On April 1st, the average market price of hydrogen peroxide was 876 yuan/ton. On April 30th, the average market price of hydrogen peroxide was 766 yuan/ton, with a price drop of 12.55%.
During the May Day holiday, the supply of hydrogen peroxide in the market showed a tense situation. After the holiday, the prices quoted by hydrogen peroxide manufacturers have skyrocketed, with mainstream prices ranging from 950 to 1050 yuan/ton, an increase of 200 to 250 yuan/ton.
Li Bing, a chemical analyst at Business Society, believes that due to the difficulty in restoring hydrogen peroxide devices in the short term and the continued tight market supply pattern, the hydrogen peroxide market will continue to remain high in the future.
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