According to the monitoring data of the business news agency, after new year’s day, the hydrogen peroxide market began to plunge, and the price continued to fall. Throughout January, the hydrogen peroxide price continued to fall. At the beginning of the month, the market price of hydrogen peroxide was 1430 yuan / ton. On the 25th, the market price of hydrogen peroxide was 1290 yuan / ton, with an overall drop of 9.79%.
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According to the weekly rise and fall chart of hydrogen peroxide from November 2020 to January 18, 2021, it can be seen that the price of hydrogen peroxide is rising steadily every week in December, with an increase of 1% – 2%, and the highest weekly increase is close to 3%. In January, the terminal demand became weak, and hydrogen peroxide started a decline mode, with a decline of nearly 1% in the first week, a steady decline in the second week, and a decline of more than 1% in the third week. On January 25, hydrogen peroxide still maintained a downward trend, down nearly 10 points from the beginning of January.
Multiple negative factors suppress hydrogen peroxide Market in January
In December, the terminal caprolactam market ushered in a rising trend, and the enthusiasm for purchasing hydrogen peroxide increased. The inventory of hydrogen peroxide manufacturers was at a low level, and the market continued to rise, with an increase of nearly 10%.
After the new year’s day, the hydrogen peroxide Market ended its boom in December, with all the positive factors and multiple negative factors. With the coming of the Spring Festival, the terminal paper industry and caprolactam manufacturers stopped for maintenance in succession. Coupled with the Limited Logistics and environmental factors in Hebei, the demand for hydrogen peroxide has shrunk sharply, and the price has started to plunge. 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%.
The main manufacturers in Hebei have no quotation due to the influence of logistics factors; the mainstream quotation of hydrogen peroxide in Anhui is about 1400 yuan / ton, which is 100 yuan / ton lower than that at the beginning of the month; the mainstream quotation of hydrogen peroxide in Shandong is 1180 yuan / ton, which is 160 yuan / ton lower than that at the beginning of the month; the mainstream quotation of hydrogen peroxide in Hunan is 1550 yuan / ton, which is relatively stable.
Li Bing, hydrogen peroxide analyst of business news agency, said: with the coming of Spring Festival, it is difficult for the terminal demand of hydrogen peroxide to improve in the short term. It is expected that hydrogen peroxide will continue to be weak in the future, mainly downward, with weak rise.
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