According to the market analysis system of the Business Society, in June, during a long short game, the hydrogen peroxide market continued to decline in the early stage, with a drop of over 6%. At the end of the month, it experienced a significant rebound, with a daily increase of over 6.8%. Throughout June, hydrogen peroxide rose by 1.29%. At the beginning of the month, the average market price of hydrogen peroxide was 773 yuan/ton. On June 26th, the average market price of hydrogen peroxide was 783 yuan/ton, an increase of 1.29%.
| Gamma-PGA (gamma polyglutamic acid) |
Long Short Game: The Hydrogen Peroxide Market in June experienced ups and downs
At the beginning of the month, due to weak terminal demand and loose supply, hydrogen peroxide manufacturers had weak confidence in price support, and multiple bearish pressures led to a continued weak and downward trend in the hydrogen peroxide market. The market has been declining continuously for more than half a month, and the mainstream quotation has dropped to around 720 yuan/ton, a decrease of nearly 7%.
Starting from the middle of the month, the demand in the terminal printing and papermaking industry has improved, and the hydrogen peroxide market has gradually rebounded. At the end of the month, there has been a significant rebound, with an increase of over 8%, and the overall increase of hydrogen peroxide has exceeded 1%.
Li Bing, a chemical analyst at Business Society, believes that some hydrogen peroxide manufacturers will restart their hydrogen peroxide devices in the future, with loose supply. It is expected that the hydrogen peroxide market may experience a decline in July.
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