Costs Rise, Hydrogen Peroxide Market Prices See an Increase

March 10th, news:

According to monitoring data: Since March, due to the increase in costs, the hydrogen peroxide market has seen a rise. As of March 10, the average price of hydrogen peroxide in China rose to 673 CNY/ton, an increase of 12.22% from the beginning of the month.

Costs rise, hydrogen peroxide prices in China continue to increase.

In early March, the demand from the end-user paper printing industry in China was acceptable, and the manufacturers' operating rates were average, with the hydrogen peroxide market trend being relatively stable. In the second week, due to the impact of the situation in the Middle East, there was a significant increase in the prices of crude oil and natural gas, among other products. This led to an increase in the transportation costs for hydrogen peroxide, and manufacturers had a strong expectation of price increases. As a result, the market saw a wave of price hikes. By March 10th, the price of hydrogen peroxide had risen to around 670 CNY/ton, an increase of about 70 CNY/ton compared to the beginning of the month.

The hydrogen peroxide analyst believes that cost support remains strong, supply pressure is relatively mild, and positive factors continue to prevail. Therefore, in the short term, the hydrogen peroxide market will likely continue to trend upward.