According to monitoring data from Business Society, since March, the hydrogen peroxide market has experienced an upward trend due to rising costs. As of March 10th, the average price of hydrogen peroxide in the market has risen to 673 yuan/ton, an increase of 12.22% from the beginning of the month.
Cost increases, hydrogen peroxide market continues to rise
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 sharply, and the transportation cost of hydrogen peroxide increased. Manufacturers had a strong bullish mentality, and the market experienced a wave of rise. 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.
The hydrogen peroxide analyst from Shengyi Society believes that with cost support and relatively low supply pressure, the bullish trend still exists, and the hydrogen peroxide market will continue to rise in the short term.