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SunSirs: Terminal Demand Increases and Hydrogen Peroxide Market Picks up
March 12 2020 11:38:22SunSIrs(John)

Price trend

The hydrogen peroxide product index on March 10 was 101.09, which was the same as the previous day, a 53.41% drop from the highest point of the cycle at 216.98 points (2017-12-24), and a 40.91% increase from the lowest point of August 03, 2016 at 71.74 points.  (Note: Period refers to 2011-09-01 to now)

According to the monitoring of SunSirs, at the beginning of March, hydrogen peroxide companies resumed quotations one after another, and the prices dropped sharply. After the fall, they experienced a consolidation period. As of March 10, the average hydrogen peroxide market price was 930 RMB/ton, up 1.83% from the beginning of the month. This week, hydrogen peroxide terminal caprolactam manufacturers and papermaking companies have increased their purchase demand. Quotations from hydrogen peroxide companies have generally increased by 50-100 RMB/ton from last week.

 

Analysis review   

Since March, hydrogen peroxide enterprises have basically resumed their operations, and the companies have resumed their quotations one after another. The quotations have just begun to be restored. The prices have fallen sharply from the end of February and have been stable later.

As of March 10, the quotations of hydrogen peroxide in various regions are as follows:

Shandong region: Luxi Chemical's 27.5% hydrogen peroxide price is 840 RMB/ton; the price is stable compared to early March.

Hebei region: The price of Zhengyuan Fertilizer's 27.5% hydrogen peroxide is 850 RMB/ton, which is 50 RMB/ton higher than in early March.

Anhui area: Anhui Quansheng's 27.5% hydrogen peroxide price is 1,100 RMB/ton, and the price is up 100 RMB/ton from the beginning of March.

Hunan area: The price of 27.5% hydrogen peroxide in Shuangyang, Hunan is 1,200 RMB/ton, which is the same as in early March.

Zhejiang area: Hangzhou Mingxin's 27.5% hydrogen peroxide price is 1,100 RMB/ton, and the price is flat compared with early March.

Industrial chain: Since late February, the hydrogen peroxide terminal papermaking industry opened a rising channel, and the overall price rose rapidly. Corrugated and containerboard-scale paper companies were raised by 100-150 RMB/ton. The range is large, up 100-400 RMB/ton. In early March, paper prices remained high, to a certain extent, supporting the rise in hydrogen peroxide prices.

 

Market outlook

Hydrogen peroxide analysts of SunSirs believe that the current hydrogen peroxide market is still at a low level. Due to the continuous increase in terminal hydrogen peroxide demand, the price of hydrogen peroxide in the market is likely to rise.

 

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.

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