According to the monitoring data of business news agency, after new year’s day and the Spring Festival is approaching, the terminal manufacturers stop for maintenance, the demand turns weak, and the hydrogen peroxide market keeps falling. From January to early February, the market price of hydrogen peroxide is 1430 yuan / ton in early January, and 1115 yuan / ton on February 7, with the overall price dropping by 22.03%.

According to the weekly rise and fall chart of hydrogen peroxide from December 2020 to February 7, 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 weekly decline of about one point. The hydrogen peroxide market dropped sharply near the end of the month, and the hydrogen peroxide price fell by 9.79% in January. Since February, the price of hydrogen peroxide has not stopped falling. As of February 7, the price of hydrogen peroxide has dropped by 11.16% compared with the beginning of the month.

Terminal demand turns weak, hydrogen peroxide drops sharply before the festival

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%.

Since February, the demand of terminal paper industry and caprolactam has declined, and hydrogen peroxide has started a sharp decline mode. During the Spring Festival, the hydrogen peroxide manufacturers started up normally, the supply was loose, the manufacturers were not confident in supporting the price, and the price dropped sharply. The mainstream quotation has dropped to 1000 yuan / ton, with a drop of more than 11% in just 7 days.

Mainstream price of hydrogen peroxide in various regions of China

On February 7, the main manufacturers in Hebei had no quotation due to the influence of logistics factors; the mainstream quotation of hydrogen peroxide in Anhui was about 1230 yuan / ton, down 100 yuan / ton compared with the beginning of February; the mainstream quotation of hydrogen peroxide in Shandong was 1000 yuan / ton, down 70 yuan / ton compared with the beginning of February; the mainstream quotation of hydrogen peroxide in Hunan was 1500 yuan / ton, down 50 yuan / ton; the mainstream quotation of hydrogen peroxide in Hangzhou was 1600 yuan / ton The price dropped by 50 yuan per ton.

Li Bing, hydrogen peroxide analyst of business news agency, thinks: with the coming of off-season of terminal traditional consumption, hydrogen peroxide prices enter the downward channel, and it is expected that the rise after the festival will still be under pressure.