Low consumption season coming, hydrogen peroxide price entering downward channel

According to the monitoring data of business agency, the hydrogen peroxide ended the big increase in the middle of May, and the market was stable. At the end of the month, the high platform diving mode was opened, and the market fell continuously until the beginning of June. As of June 4, the average price of hydrogen peroxide market was 1006 yuan / ton, and the price fell 9.04%.

According to the weekly increase and fall chart of hydrogen peroxide in business agencies from March 8 to May 24, 2021, it can be seen that after the Spring Festival, the hydrogen peroxide market has weakened, with a decline of more than 3.6%. Hydrogen peroxide showed a big rise in early March, up more than 5%, after the big rise began to dive, continue the weak market. In April, in the middle of the month, hydrogen peroxide rose again, up more than 5 percent, and it was still a decline after the big rise. After May 1, hydrogen peroxide was in weak operation, and the rising mode was opened in the middle month, rising to May 22, up more than 10%. At the end of the month, hydrogen peroxide Market opened diving, falling continuously, falling more than 7%. In early June, hydrogen peroxide remained down, down more than 10 per cent from mid May.

On June 4, some domestic hydrogen peroxide manufacturers quoted the following:

The price of hydrogen peroxide in Luxi Chemical Industry is 860 yuan / ton, which is down 170 yuan / ton compared with that in mid May; The price of hydrogen peroxide for Zhengyuan fertilizer in Hebei Province is 960 yuan / ton, down 40 yuan / ton from the middle of May; The price of hydrogen peroxide in Quansheng chemical industry in Anhui Province is 1180 yuan / ton, which is down 20 yuan / ton compared with the beginning of the month.

The consumption of oxygen drops continuously in the coming off-season

In early May, due to the increase of terminal paper procurement, the manufacturer stopped and repaired, and the supply was tight, and the price continued to rise, up more than 10%. Since the middle of the year, the rally stabilized, and by the end of the month, due to the decline of terminal demand, hydrogen peroxide opened the high platform diving mode, and the price continued to decline, down nearly 7%.

By June, the weak market of hydrogen peroxide did not end, because of the sharp decline in paper purchasing volume, off-season consumption and the leading factor of the negative, the price of hydrogen peroxide remained down. The factory price of hydrogen peroxide in Luxi Chemical industry has fallen to 800 yuan. Zhengyuan fertilizer also fell to the front line of 900 yuan. The price of Quansheng in Anhui Province is relatively strong.

On June 4, the commodity price index of hydrogen peroxide and caprolactam was 107.65, which was flat with yesterday, down 50.87% from 219.12 (2020-10-27) of the highest point in the cycle, and 19.81% higher than the lowest point of 89.85 on January 29, 2019( Note: cycle refers to January 1, 2019 to present)

The price of caprolactam at the end of May was driven by the rise of pure benzene market, and the price of the first ten days of May continued to rise. Near the end of May, the pure benzene Market depressed, and the price of caprolactam continued to decline, and remained down in early June, falling by more than 1.4%. Caprolactam market fell, enthusiasm for purchasing hydrogen peroxide decreased, and hydrogen peroxide market was weak.

On June 4, the price index of hydrogen peroxide and corrugated paper commodity was 139.62, which was flat with yesterday, down 43.24% from 246.00 (October 21, 2019), and 29.83% higher than the lowest point 107.54 on January 29, 2019( Note: cycle refers to January 1, 2017 to present)

In May, the paper market showed strong performance, and the purchase of hydrogen peroxide increased, stimulating the rise of hydrogen peroxide Market. By June, restricted by environmental protection policies, the amount of oxygen purchased by paper factories declined, and the hydrogen peroxide market was weak.

Li Bing, an analyst with hydrogen peroxide at the business agency, said: in June, hydrogen peroxide entered the off-season of consumption, the terminal demand was poor, and the market continued to decline, and it was still difficult to have room for rise in the future.

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