According to the monitoring data of the business agency, since new year’s day, the terminal manufacturers have been parking for maintenance, and the demand has declined. The hydrogen peroxide market has opened a downward channel, and the price has dropped by a thousand miles. From January to the Spring Festival, the market price of hydrogen peroxide is 1430 yuan / ton in early January, and 1093 yuan / ton on February 20, with an overall price drop of 23.54%.
According to the weekly rise and fall chart of hydrogen peroxide from December 2020 to February 14, 2021, it can be seen that the price of hydrogen peroxide rises steadily every week in December, with an increase of 1% – 2%, and the highest weekly increase is close to 3%. Since January, terminal demand has been weakening, and hydrogen peroxide has been falling continuously, with a weekly decline of about one point. The hydrogen peroxide market has fallen sharply towards the end of the month, and the hydrogen peroxide price has dropped by 9.79% in January. In February, before the Spring Festival, hydrogen peroxide still dropped. After the Spring Festival, the price of hydrogen peroxide continued to decline. As of February 20, the price of hydrogen peroxide had dropped by more than 23% compared with the beginning of January.
Consumption off-season coming, hydrogen peroxide still weak decline after the festival
After the new year’s day, with the coming of the Spring Festival, the terminal paper industry and caprolactam manufacturers have stopped for maintenance in succession. Coupled with the Limited Logistics in Hebei and environmental protection factors, hydrogen peroxide has entered the traditional off-season consumption, the terminal demand has shrunk sharply, and the price has been falling all the way. The mainstream quotation fell below 1200 yuan / ton from 1400 yuan / ton at the beginning of the month, down more than 9%, and went straight to 10%.
Since February, the demand of terminal paper industry and caprolactam has declined, and hydrogen peroxide has started a sharp decline mode. On the eve of the Spring Festival, hydrogen peroxide dropped by more than 11%. During the Spring Festival, the hydrogen peroxide manufacturers operate normally, and the supply is loose. After the festival, hydrogen peroxide manufacturers continued to reduce the ex factory price, and the price continued to fall. By the 20th, the average price of hydrogen peroxide market had dropped to 1093 yuan / ton, 12.88% lower than that in early February.
Mainstream price of hydrogen peroxide in various regions of China
On February 20, the mainstream quotation of hydrogen peroxide in Anhui was about 1130 yuan / ton, down 150 yuan / ton compared with the beginning of February; the mainstream quotation of hydrogen peroxide in Shandong was 1000 yuan / ton, down 70 yuan / ton compared with the beginning of February. The mainstream quotation of hydrogen peroxide in Hunan is 1200 yuan / ton, down 350 yuan / ton from the beginning of February.
Li Bing, hydrogen peroxide analyst of business news agency, thinks: the printing paper industry of hydrogen peroxide terminal has entered the traditional consumption off-season, and the hydrogen peroxide price is still weak in the short term.
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