According to monitoring data from Business Society: On February 9, some hydrogen peroxide units at Shandong Jincheng Petrochemical Group Co., Ltd. were shut down for maintenance, with the quoted price at 530 yuan/ton, representing an increase of 30 yuan/ton. PriceSeek's analysis of hydrogen peroxide indicates a long-short score of 1.5. The shutdown and maintenance of some hydrogen peroxide units at Shandong Jincheng Petrochemical have led to a reduction in supply, with the quoted price rising by 30 yuan/ton to 530 yuan/ton, an increase of approximately 6%. This indicates that the supply tightening has significantly driven up spot prices. This price hike reflects market concerns over short-term supply gaps, which is favorable for the spot market. However, attention should be paid to the duration of the maintenance to assess whether it will further amplify the price increase.
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