According to the monitoring data of the business news agency, since February, the price of hydrogen peroxide has continued to decline. In addition to the stable operation of hydrogen peroxide during the Spring Festival, hydrogen peroxide prices continued to decline before and after the festival. At the beginning of this month, the average market price of hydrogen peroxide was 1255 yuan / ton. On the 23rd, the average market price of hydrogen peroxide was 982 yuan / ton, down 21.71%.

According to the monthly rise and fall chart of hydrogen peroxide from January 2020 to January 2021, it can be seen that the overall decline of hydrogen peroxide in 2020 was the main one, and the performance in the first quarter was poor. Hydrogen peroxide declined by more than 18% in February, and then it rose sharply in June. January 2021 fell more than January 2020, by nearly 10%. The decline of hydrogen peroxide expanded in February, mainly before and after the Spring Festival, with a decline of more than 20%.

Hydrogen peroxide keeps falling in February

Since February, the traditional off-season of hydrogen peroxide consumption has come. The terminal printing industry, paper industry, caprolactam and other manufacturers have stopped for maintenance. The enthusiasm for purchasing hydrogen peroxide has declined, and the rigid demand for hydrogen peroxide has decreased significantly. In addition, the logistics cost has increased and the transportation is limited, so the hydrogen peroxide market has entered the next channel.

On the eve of the Spring Festival, terminal demand was sluggish, and hydrogen peroxide fell by more than 11%. During the Spring Festival, some hydrogen peroxide manufacturers started up normally, supply increased and inventory rebounded. After the Spring Festival, the terminal papermaking and printing industries have not yet fully resumed operation, the terminal demand is still poor, and the hydrogen peroxide manufacturers are not confident in supporting the price. They continue to reduce the ex factory price, and the price continues to fall. As of the 23rd, the average price of hydrogen peroxide market has fallen below 1000 yuan, and the price has dropped to 982 yuan / ton, which is more than 21% lower than that in early February.

Mainstream price of hydrogen peroxide in various regions of China

On February 23, the mainstream quotation of hydrogen peroxide in Anhui was about 1100 yuan / ton, a drop of 180 yuan / ton compared with the beginning of February; the mainstream quotation of hydrogen peroxide in Shandong was 910 yuan / ton, a drop of 160 yuan / ton compared with the beginning of February. The mainstream quotation of hydrogen peroxide in Hebei is 920 yuan / ton.

Li Bing, hydrogen peroxide analyst of business news agency, believes that: in March, hydrogen peroxide terminal is still in the off-season of consumption, and the supply exceeds the demand, so it is difficult to rise in the short term.