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SunSirs: Hydrogen Peroxide Is Weakly down Due to Poor Demand

March 20 2020 11:23:01     SunSirs (John)

Price trend

On March 19, the hydrogen peroxide commodity index was 99.28, unchanged from the previous day, down 54.24% from 216.98 (2017-12-24), the highest point in the cycle, and up 38.39% from 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

According to SunSirs monitoring: After mid-March, the price of hydrogen peroxide has fallen. The average market price of hydrogen peroxide on March 19 was 913 RMB/ton, which was 1.79% lower than the price on March 9.

 

Analysis review   

Since mid-March, hydrogen peroxide manufacturers have basically resumed operations. Due to the continuous decline in the prices of terminal caprolactam products, the paper industry has ushered in callbacks, terminal procurement is cautious, and hydrogen peroxide is generally in stock. Manufacturers are not confident enough in price, and hydrogen peroxide prices have returned to the downward channel.

As of March 19, the quotations of hydrogen peroxide in various regions are as follows:

Shandong area: Luxi Chemical's 27.5% hydrogen peroxide price is 840 RMB/ton; prices are stable.

Hebei area: The price of Zhengyuan Fertilizer 27.5% hydrogen peroxide is 850 RMB/ton, and the price is stable.

Anhui area: Anhui Quansheng's 27.5% hydrogen peroxide price is 1,050 RMB/ton, and the price has fallen by 50 RMB/ton.

Hunan area: Hunan Shuangyang's 27.5% hydrogen peroxide price is 1,150 RMB/ton, and the price drops by 50 RMB/ton.

Zhejiang area: Hangzhou Mingxin's 27.5% hydrogen peroxide price is 1,100 RMB/ton, and the price is stable.

Terminal: Caprolactam is dragged down by the upstream, enterprises are under heavy pressure, prices have fallen, and the decline is close to 2 points. The paper industry was affected by the sharp decline in waste paper. Corrugated paper ended its downtrend and continued to be weak. The terminal performance was not good. The hydrogen peroxide market rose weakly.

 

Market outlook

SunSirs hydrogen peroxide analysts believe that: due to the terminal paper industry caprolactam market is weak and weak, in the short term hydrogen peroxide market is unlikely to rise significantly, or will continue to test.

 

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

 

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