SunSirs: Hydrogen Peroxide Continued to Fall Sharply after Qingming Festival

Price trend

According to the monitoring of SunSirs: After the Qingming Festival, the price of hydrogen peroxide continued to fall. At the beginning of the week, the average price of 27.5% hydrogen peroxide market was 903 RMB/ton, and at the weekend, the average price of 27.5% hydrogen peroxide market was 853 RMB/ton, and the price fell by 5.54%.

Analysis review   

Product: Starting from April, the operating rate of hydrogen peroxide enterprises increased, the demand in the terminal papermaking and printing industry was sluggish, the supply was loose, and the price of hydrogen peroxide continued to decline. After the Qingming Festival, the decline in hydrogen peroxide market continued to expand. The domestic mainstream offer of 27.5% hydrogen peroxide is 800-900 RMB/ton, and the weekly decline is 50-100 RMB/ton.

Shandong area: The price of 27.5% hydrogen peroxide in Luxi Chemical is 860 RMB/ton.

Hebei area: The price of 27.5% hydrogen peroxide in Zhengyuan Fertilizer was 800 RMB/ton, and the price dropped by 50 RMB/ton.

Hebei area: The price of 27.5% hydrogen peroxide in Zhengyuan Fertilizer was 800 RMB/ton, and the price dropped by 50 RMB/ton.

Hunan region: The price of 27.5% hydrogen peroxide in Shuangyang, Hunan Province is 1,000 RMB/ton, and the price drops by 50 RMB/ton.

Zhejiang area: Hangzhou Mingxin 27.5% hydrogen peroxide is priced at 1,050 RMB/ton, the price drops by 50 RMB/ton.

Industrial chain: The price of terminal caprolactam rebounded due to the support of raw material market. As caprolactam fell by more than 15% in March, the rebound was small and the boost to hydrogen peroxide market was limited. The papermaking and printing industry as a whole was in a downturn. The demand for hydrogen peroxide was average, and the terminal demand was poor. The market for hydrogen peroxide was weak and down.

Market outlook

Hydrogen peroxide analysts of SunSirs believe that due to loose supply and poor demand, it is difficult for hydrogen peroxide market to rise sharply in the short term, or will continue to be weak.

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