Africa witnesses high Hydrogen Peroxide prices in March
In Africa cobalt, gold, copper, and diamonds are widely mined and are the dominant players in the international mining industry. Due to large numbers of mines, the environmental hazard is also high in those mining regions. To reduce the environmental impact, Hydrogen Peroxide (HP) is used for various activities like oxidizing, as a disinfectant chemical and as a bleaching agent in the mining industry. Recent discovery of medical uses of Hydrogen Peroxide, a ten-year-old study, states that Aerosolized Hydrogen Peroxide prevents C. difficile infection (CDI). Hydrogen Peroxide is also highly used in wastewater treatment plants and as Africa is urbanizing the need for HP increases. The usage of HP in Medical and Wastewater treatments increases the demand for HP in Africa and abets the current price hike. The prices of Hydrogen Peroxide (HP) are soaring across the globe due to its multiple uses and its demand in various fields like (mining, pharma, bleaching agent in textile and ...