According to the market analysis system of the Business Society, in July, with the support of the bullish market, the hydrogen peroxide market continued to rise significantly, with an increase of over 53%. At the beginning of the month, the average market price of hydrogen peroxide was 783 yuan/ton. On July 26th, the average market price of hydrogen peroxide was 1200 yuan/ton, an increase of 53.19%.

Lido Supports the Continuous Rise of Hydrogen Peroxide Market in July

Starting from July, terminal demand has rebounded, and manufacturers’ supply of hydrogen peroxide has tightened. The hydrogen peroxide market has surged, up 53.19% from the beginning of July. Due to the shutdown of major factories that have not yet started, the supply of hydrogen peroxide market is tight, terminal procurement demand is increasing, and market transactions are fast. Manufacturers have raised the factory price of hydrogen peroxide one after another, with a mainstream quotation of 1200 yuan/ton and a price increase of 200 to 250 yuan/ton. As the end of the month approaches, the hydrogen peroxide market is gradually stabilizing and operating at a high level. Market transactions are still good, and the manufacturer’s quotation continues to be 1200 yuan/ton,

Li Bing, a chemical analyst at Business Society, believes that the hydrogen peroxide market remained at a high level in July, with average market acceptance. It is expected that the hydrogen peroxide market may decline in August.