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Hydrogen peroxide News
SunSirs: Terminal Market Warming Up, Hydrogen Peroxide Was Picking Up One after Another
November 19 2020 14:41:35SunSirs(John)

According to the monitoring data of SunSirs, after the gold September and silver October, the hydrogen peroxide market began to enter the downward channel in November, and it fell endlessly. From the highest price of 1,450 RMB/ton in October, it has fallen by more than 200 RMB/ton. The market has picked up slightly this week. As of November 18, the price of hydrogen peroxide has fallen to 1,290 RMB/ton, which was 11.03% lower than in early November and 0.52% higher than last week.

According to the monitoring data of SunSirs from January 2019 to October 2020, the increase of hydrogen peroxide in 2019 was mainly concentrated in the first half of the year. The market for hydrogen peroxide fell more in the second half of the year. The average decline was mainly from November to December, and the decline was more than 10%.

In the first half of 2020, the hydrogen peroxide was mainly down, and the increase was relatively few. The second half of the year was relatively good. The price rose mainly in September and October. The hydrogen peroxide rose by more than 35% in October, which is currently the largest increase. The hydrogen peroxide market has been falling in November and has fallen for half a month, with a drop of more than 11%.

Terminal market heated up, hydrogen peroxide stopped falling and picked up

This week, the terminal caprolactam market oscillated and rose, mainly due to the rising raw material pure benzene, favorable cost support, tight supply, and favorable increase. The caprolactam price rose by 1.69%. Supported by the caprolactam market, hydrogen peroxide ended the continuous decline in the market, the market has picked up, and the price has risen slightly.

In terms of terminal paper, after the first week of November, manufacturers have adjusted their prices. Nine Dragons Paper's Dongguan, Taicang, Tianjin, Chongqing and other bases raised 30-100 RMB/ton, and the price of corrugated paper has risen by more than 2%. . The rising paper market has brought confidence in the price of hydrogen peroxide manufacturers. In addition, the previous decline in hydrogen peroxide has exceeded 11%. Therefore, the terminal market is heating up this time, and manufacturers are eager to try, and the hydrogen peroxide market has an upward trend.

The hydrogen peroxide analyst of SunSirs believes that the terminal paper industry and caprolactam prices have risen, supported by rigid demand, and the market outlook for hydrogen peroxide is expected to usher in a rise.

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

 

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