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SunSirs: The Turning Point of Hydrogen Peroxide Market Is Approaching
August 12 2020 14:30:06SunSirs(John)

Price trend

According to the monitoring data of SunSirs, since July, the hydrogen peroxide has begun to fall, and the price has reached the bottom. Until August 11, the hydrogen peroxide market rose slightly, but it was still difficult to stop the sharp decline. The overall market still fell, the rebound was weak, and the price fell to 900 RMB/ton. As of August 11, the average domestic hydrogen peroxide market price was 913 RMB/ton, a 12.18% drop from the price in early July.

Analysis review

End demand declined, hydrogen peroxide dropped in response

Since July, the market for hydrogen peroxide terminal CPL has continued to fall, and as of August 11, it has fallen by more than 9%. Due to poor market conditions, some CPL manufacturers have successively stopped for maintenance, the new line of Pingmei Shenma CPL is normal, and the old line has ceased production. The amount of hydrogen peroxide purchased by terminal CPL decreased. In addition, there were more rains in August, logistics was blocked, the export volume of hydrogen peroxide decreased, and demand continued to be weak, and the market for hydrogen peroxide was suppressed.

Compared with CPL, another downstream paper industry of hydrogen peroxide also stopped its upward trend in August. Although the paper industry had the idea of rising, the end market acceptance was low, and the market was mainly wait-and-see. The paper market continued to be weak and stable in August. From August 1 to 11, the price of paper fell by more than 1.6%. The paper market is sluggish, the stock volume of hydrogen peroxide in paper mills is average, and the enthusiasm for purchasing has declined, and the boosting hydrogen peroxide market is limited.

Manufacturers continue to stop for maintenance and hydrogen peroxide market has picked up

After July, the market for hydrogen peroxide fell sharply, and the terminal demand was poor. In August, during the traditional maintenance season of hydrogen peroxide manufacturers, some manufacturers have stopped for maintenance one after another. Dezhou Shihua and Anhui Quansheng are all shutting down for maintenance, and a set of Mingshui Dahua equipment is in operation. Due to the manufacturer's shutdown for maintenance, the market supply pressure has eased. The hydrogen peroxide market has improved slightly this week. Hebei Zhengyuan's hydrogen peroxide price ushered in an increase in the market. The external quotation was 900 RMB/ton, and the price increased by 40 RMB/ton. The hydrogen peroxide in Anhui was relatively stable, and the market in Shandong declined slightly. The mainstream price was 860 RMB/ton, and the price fell by 20 RMB/ton.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that some manufacturers in the hydrogen peroxide terminal papermaking industry have issued price increases, and they are eager to increase prices. Coupled with the shutdown of hydrogen peroxide manufacturers for maintenance, bullish factors are dominant. The hydrogen peroxide is still expected to usher in an increase in late August, and prices rebound this week may become an inflection point.

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

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