According to the monitoring of business news agency, hydrogen peroxide ended its sharp drop in November in December, the supply was tight, the terminal demand increased, hydrogen peroxide returned to the rising channel, and the price continued to rise. At the beginning of the month, the average market price of hydrogen peroxide was 1310 yuan / ton. At the end of the month, the average market price of hydrogen peroxide rose to 1430 yuan / ton, up 9.16%.
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According to the monthly K-bar chart of hydrogen peroxide from January to December in 2020, hydrogen peroxide decreased for 7 months and increased for 5 months. The biggest increase was in October, up 35.09%. The biggest drop was 18.21% in February. In the first half of the year, the price fell for four consecutive months, and in the second half of the year, it performed well. In November, the price dropped by nearly 10%, and in December, hydrogen peroxide rose by more than 9%.
Terminal caprolactam power hydrogen peroxide Market Returns to rise
Since December, the terminal caprolactam market has been on the rise because the manufacturers have been stopping for maintenance, and the supply is tight. The enthusiasm for purchasing hydrogen peroxide has increased, and the inventory of hydrogen peroxide manufacturers is at a low level. In addition, the hydrogen peroxide decline in November is relatively large, and the manufacturers are very worried about the price. The price of hydrogen peroxide began to pick up, and the market continued to rise. On December 31, the price of hydrogen peroxide rose by 9.16% compared with the beginning of the month.
Future prospects
Hydrogen peroxide analysts of business news agency believe that: after new year’s day and the Spring Festival is approaching, caprolactam and papermaking industry manufacturers have stopped for maintenance in succession, terminal demand has fallen, and hydrogen peroxide prices have been callback in the future.
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