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SunSirs: Hydrogen Peroxide Keeps Falling Due to Poor Demand
April 15 2020 13:14:46SunSirs(John)

Price trend

On April 14, the hydrogen peroxide commodity index was 86.59, unchanged from the previous day, down 60.09% from 216.98 (2017-12-24), the highest point in the cycle, and up 20.70% from 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

According to the monitoring of SunSirs: Since April, the price of hydrogen peroxide has continued to decline weakly, and prices have continued to fall. As of April 14, the average price of 27.5% hydrogen peroxide fell below 800 RMB/ton, and the average market price was 796 RMB/ton. The price fell 6.64% from last week and 11.81% from the beginning of the month.

 

Analysis review   

Product: After the Qingming Festival, the supply of hydrogen peroxide has been in a loose state, the demand in the terminal papermaking and printing industry is not good, the export orders are decreasing, the hydrogen peroxide is in a situation of oversupply, and the prices have fallen all the way. The domestic mainstream offer of 27.5% hydrogen peroxide has fallen below 800 RMB/ton, the mainstream offer is 760-850 RMB/ton, and the price is reduced by 50 RMB/ton almost every week.

As of April 14, the prices of hydrogen peroxide in various regions are as follows:

Shandong area: The price of 27.5% hydrogen peroxide in Luxi Chemical Co., Ltd. is 780 RMB/ton, which is 80 RMB/ton lower than the beginning of the month.

Hebei region: Zhengyuan Fertilizer's 27.5% hydrogen peroxide price was 760 RMB/ton, down 90 RMB/ton from the beginning of the month.

Anhui area: The price of 27.5% hydrogen peroxide in Anhui Quansheng is 850 RMB/ton, down 150 RMB/ton from the beginning of the month.

Hunan region: The price of 27.5% hydrogen peroxide in Shuangyang, Hunan Province is 1,000 RMB/ton, down 50 RMB/ton from the beginning of the month.

Zhejiang area: Hangzhou Mingxin's 27.5% hydrogen peroxide price was 1,050 RMB/ton, down 50 RMB/ton from the beginning of the month.

Industry: The terminal caprolactam rebounded after the rebound, the paper and printing industry remained weak overall, coupled with the decline in export orders, terminal demand was weak, and the hydrogen peroxide market fell weakly.

 

Market outlook

Analysts of hydrogen peroxide from SunSirs believe that the terminal demand is poor and the supply is relatively loose. Hydrogen peroxide Market is still under pressure.

 

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

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