According to the monitoring of the business agency, since July, the terminal demand for hydrogen peroxide has become weak, the rigid demand of caprolactam enterprises has declined, and the price of hydrogen peroxide has not been driven to rise. As of July 27, the average market price of 27.5% hydrogen peroxide has fallen below the 1000 yuan mark, which has dropped by 8.97% compared with 1040 yuan / ton in early July.
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Let’s specifically analyze the reasons for the sharp drop of hydrogen peroxide in July 2020
At the beginning of July, the hydrogen peroxide market was still supported by the favorable June. Some manufacturers have resumed parking and maintenance, but the market supply has not been fully recovered. The manufacturers still hold up their prices, and the hydrogen peroxide prices are tentatively rising. The average price of mainstream market was 1050 yuan / ton, and the price increased by 0.96%. Then the price of hydrogen peroxide gradually stabilized, and the price continued to operate stably.
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In the middle and late July, the operating rate of hydrogen peroxide enterprises increased and the tight market supply situation was eased. The market of terminal caprolactam was dragged down by the market of raw materials, and its own demand was low. The price of terminal caprolactam dropped by more than 7% all the way. Similarly, in the paper industry, after the end of centralized stock, the paper market has been stable. Hydrogen peroxide terminal caprolactam market weakened, hydrogen peroxide price also opened a downward channel, the price continued to fall, the weekly decline was about 50 yuan / ton. At the end of the month, the average price of hydrogen peroxide market fell below 950 yuan / ton, down nearly 9%.
The company’s name fell on July 27 compared with the beginning of July
Shijiazhuang Baipo Zhengyuan fertilizer Co., Ltd. 900 yuan / ton 180 yuan / ton
Luxi Chemical Group 920 yuan / ton 280 yuan / ton
Anhui Quansheng Chemical Co., Ltd. 1020 yuan / ton 30 yuan / ton
Anhui Jinhe Industrial Co., Ltd. 950 yuan / ton 100 yuan / ton
Hangzhou Mingxin hydrogen peroxide Co., Ltd. 1100 yuan / ton unchanged
Hydrogen peroxide analysts believe that: terminal caprolactam market downturn, demand pressure, the paper market has gone up, in the short term, hydrogen peroxide market has little room to rise, or will continue to fall.
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