SunSirs: The Bad News Turned Weak, the Hydrogen Peroxide First Fell and Then Rose in August

Price trend

According to the monitoring of SunSirs, in August, the hydrogen peroxide market first fell and then rose. The hydrogen peroxide market ushered in a sharp drop at the beginning of the month, and began to pick up in the middle and late of the month, and the price gradually increased. Due to the large decline at the beginning of the month, the hydrogen peroxide market continued to decline throughout August. At the beginning of the month, the average market price of hydrogen peroxide was 946 RMB/ton. On the 25th, the average market price of hydrogen peroxide was 936 RMB/ton, and the price dropped by 1.06%.

Analysis review

In the first week of August, as the terminal caprolactam market began to decline, the paper industry market's upward trend gradually stabilized. The caprolactam manufacturers and paper industry stock market ended, the enthusiasm for purchasing hydrogen peroxide gradually declined, and the purchase volume decreased, starting a sharp decline in the market. The mainstream quotation has fallen to 900 RMB/ton, a drop of more than 4%.

In the middle and late of August, the terminal caprolactam was still weak and stable, and the paper industry market was stable. Near the ‘golden September and silver October’, the paper industry has begun the stock market. The volume of hydrogen peroxide manufacturers has increased, and the prices have risen one after another. The increase has gradually approached the decline at the beginning of the month. As of August 26, the mainstream quotation of hydrogen peroxide in Hebei was 950 RMB/ton; the mainstream quotation of hydrogen peroxide in Shandong wais 880 RMB/ton; the mainstream quotation of hydrogen peroxide in Anhui was 980 RMB/ton, basically the same as the market at the beginning of the month.

Paper stock market start the hydrogen peroxide market to pick up

Since August, leading paper mills such as Liwen, Jingxing, and Jinfenghuang have cut prices for finished paper, and the price drop has spread to 7 provinces. Trading in the raw paper market was sluggish, and market sales pressure increased. Imported paper products began to arrive at the port, which had a certain impact on the domestic market. The paper market ushered in a slight decline. In mid-to-late August, the stocking period of traditional paper was approaching. Paper prices were relatively stable. The enthusiasm for purchasing hydrogen peroxide rebounded. The hydrogen peroxide market transaction improved. Manufacturers began to increase the ex-factory price of hydrogen peroxide, and the price of hydrogen peroxide rose by about 30-50 RMB/ton.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that the ‘golden September and silver October’ of the paper industry is coming soon, the manufacturers are actively replenishing inventory, and the terminal demand is supported. The prospect of hydrogen peroxide is expected to rise.

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