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Hydrogen peroxide News
SunSirs: Purchasing Demand Increased and Hydrogen Peroxide Stopped Decline to Rise
May 20 2020 14:21:40SunSirs(John)

Price trend

On May 19, the hydrogen peroxide commodity index was 87.32, up 5.8 points from the former day, down 59.76% from 216.98 (December 24, 2017), the highest point in the cycle, and up 21.72% from 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

According to the data monitoring of SunSirs: since May, terminal demand has continued to be low, and the price of hydrogen peroxide continued to be weak. This week, with the support of terminal purchase demand, the price of hydrogen peroxide ushered in a turning point, and the price has stopped falling and rising. As of May 19, the average price of hydrogen peroxide market was 803 RMB/ton, a single day increase of 7.11%, and the price rose by 0.84% from the beginning of the month.

 

Analysis review   

Product: After the May Day holiday, due to the decrease in exports of products such as bleached boards, downstream products of hydrogen peroxide, the demand for hydrogen peroxide was weak, and the price continued to fall, with the price falling by about 5 points. The price of terminal caprolactam products continued to rise, with the price rising nearly 15 points. Driven by the sharp rise of caprolactam, the amount of hydrogen peroxide purchased by manufacturers gradually increased. This week, hydrogen peroxide ushered in a rising market. The main quotation of domestic hydrogen peroxide is 760-800 RMB/ton, with the price rising by 50-100 RMB/ton.

As of May 19, the quotation of hydrogen peroxide in each region was as follows:

Shandong Province: the price of 27.5% hydrogen peroxide of Luxi Chemical Industry was 760 RMB/ton, 60 RMB/ton higher than last week;

Hebei Province: Zhengyuan fertilizer 27.5% hydrogen peroxide price was 800 RMB/ton, 100 RMB/ton higher than last week;

Anhui Province: 27.5% hydrogen peroxide price of Quansheng in Anhui Province was 850 RMB/ton, the same as last week;

Hunan Province: Hunan Shuangyang 27.5% hydrogen peroxide price was 900 RMB/ton, flat compared with last week;

Zhejiang: Hangzhou Mingxin 27.5% hydrogen peroxide quoted 1,000 RMB/ton, up 50 RMB/ton from last week.

Industrial chain: After the May Day holiday, the price of terminal caprolactam rose all the way because of the rising price of raw material pure benzene. Driven by the rising situation, the spot supply was tight. Some enterprises restarted the device, increased the purchase demand for hydrogen peroxide, and the hydrogen peroxide was boosted. The market was getting better. Due to the depression of paper printing industry, the increase was limited.

 

Market outlook

According to hydrogen peroxide analysts of SunSirs, terminal caprolactam manufacturers have increased startup rate, and later supply keeps pace with the price. In the short term, it will support the hydrogen peroxide Market. In the long term, the momentum of hydrogen peroxide growth is still insufficient.

 

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

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