Bullish Support, October Hydrogen Peroxide Prices Rise in China

October 28, news

According to the commodity analysis system, starting from October 1st, the hydrogen peroxide market in China has shown a recovery with a significant increase. On October 1st, the average market price of hydrogen peroxide was 753 CNY/ton, and by October 28th, the average market price had risen to 930 CNY/ton, representing a price increase of 23.45%.

Bullish Support: Hydrogen Peroxide Prices Strongly Increase in China

During the National Day holiday, Chinese hydrogen peroxide manufacturers conducted concentrated maintenance, leading to tight supply. Demand from the terminal caprolactam and papermaking industries increased, causing the price of hydrogen peroxide to continuously rise for more than half a month, with a price increase of nearly 20%. The average market price of hydrogen peroxide rose to around 900 CNY/ton. After mid-October, the hydrogen peroxide market stabilized after the price increase, maintaining a high level with minor fluctuations.

At the end of the month, after a significant increase in hydrogen peroxide prices, the market continued to operate at high levels, with the average market price rising to 930 CNY/ton, an increase of over 23% from the beginning of the month.

The hydrogen peroxide analyst believes: In November, the demand from the terminal printing and papermaking industries in China will decline, and the supply of hydrogen peroxide will increase, leading to a continued weakening of the market trend.