According to the market analysis system of the Business Society, in August, the market for hydrogen peroxide continued to rise, with an increase of up to 20%. At the beginning of the month, the average market price of hydrogen peroxide was 1200 yuan/ton. On August 29th, the average market price of hydrogen peroxide was 1440 yuan/ton, an increase of 20%.
Lido’s hydrogen peroxide market continues to rise in August
Since August, some hydrogen peroxide manufacturers have not yet started up, and the supply is still tight. In addition, the market for caprolactam at the hydrogen peroxide terminal has risen, leading to an increase in orders for hydrogen peroxide. Supported by multiple positive factors, the hydrogen peroxide market has continued to soar. On August 7th, the daily increase exceeded 8%.
In the middle of the month, the supply side remained tight, and the hydrogen peroxide market once again saw a surge, with the average market price rising to around 1400 yuan/ton, an increase of over 18% compared to the beginning of the month.
At the end of the month, the hydrogen peroxide market has gradually stabilized and continued to operate at high levels, with prices rising to 1440 yuan/ton, a 20% increase from the beginning of the month.
Li Bing, a chemical analyst at Business Society, believes that hydrogen peroxide supply is still tight in September, and the bullish outlook is still there. It is expected that the hydrogen peroxide market may rise in the future.