According to the data monitoring of the business agency, since July, hydrogen peroxide has ended the soaring market in June and tried to rise at the beginning of the month, but the rising momentum is insufficient. After a short rise, it is stable, and then opens a weak downward channel. On July 3, the average price of hydrogen peroxide was 1050 yuan / ton, which was 0.96% higher than the price at the beginning of the month. On July 16, the average price of hydrogen peroxide in the market was 1026 yuan / ton, which was 1.28% lower than that at the beginning of the month.
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According to the monthly rise and fall chart of hydrogen peroxide from January 2019 to June 2020, it can be seen that the price of hydrogen peroxide is rising from February to may in 2019. The price of hydrogen peroxide falls by more than 20% in June, and then it rises sharply in August. However, in the first five months of 2020, hydrogen peroxide rose by only 0.9% in January. It has been declining from February to may, with a decrease of more than 18% in February and a decrease of more than 10% in April. For four months in a row. In June, hydrogen peroxide hit the bottom and rebounded, ushering in a big rise, and the price rose by more than 30%.
Hydrogen peroxide in 2020 is more abnormal compared with that in 2019, which is mainly due to the limitation of hydrogen peroxide downstream terminal in 2020, terminal papermaking and printing, sluggish plate industry and weak market of caprolactam. In mid and late May, the terminal industry began to warm up. In June, the main enterprises of paper industry focused on the purchase of caprolactam, and the hydrogen peroxide market continued to rise. Hydrogen peroxide also dropped by more than 20% in July 2019. In July 2020, hydrogen peroxide market also began to weaken.
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Demand turns weak, hydrogen peroxide rises and falls
In July, the growth trend of hydrogen peroxide terminal paper industry gradually stabilized. In addition, the paper mills prepared more goods before, and the purchasing enthusiasm decreased. In addition, due to the weakness of raw materials, limited cost support and poor downstream demand, the market of caprolactam began to decline sharply. The average price of caprolactam has dropped to 9700 yuan / T, which is 6% lower than that at the beginning of the month. Under the influence of caprolactam drop, hydrogen peroxide price also followed the weak trend, and the price rise was weak and continued to fall. On July 17, the average price of hydrogen peroxide was 1026 yuan / ton, which was more than 1% lower than that at the beginning of the month.
Li Bing, hydrogen peroxide analyst of business agency, believes that: the terminal caprolactam market is down, the paper market is stabilizing, the terminal market is weakening, and the price of hydrogen peroxide is still weak in the future.
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