According to the monitoring data of SunSirs, Since April, the market for hydrogen peroxide has continued to rise after reaching the bottom. At the beginning of the month, the market fell by more than 3%, and in the middle of the month began to rise continuously, with an increase of more than 11%. As of April 21, the average market price of hydrogen peroxide was 1,110 RMB/ton, and the price was up 7.07% from the beginning of April.
According to the monitoring data of SunSirs, the market for hydrogen peroxide continued to fall weakly in the first quarter of 2021, with the biggest weekly drop exceeding 11%. In early March, hydrogen peroxide began to rebound, the highest weekly increase was close to 5.8%, after the big rise, the market began to dive. Starting in mid-April, hydrogen peroxide once again bottomed out and rebounded, continuing to rise for more than half a month, with an increase of as much as 11%.
On April 21, some domestic hydrogen peroxide manufacturers quoted as follows:
Luxi Chemical's hydrogen peroxide price was 1,080 RMB/ton, the price was up by 150 RMB/ton compared to the beginning of April; Hebei Zhengyuan Fertilizer's hydrogen peroxide price was 1,080 RMB/ton, and the price was up 180 RMB/ton; Anhui Quansheng Chemical's hydrogen peroxide device had no quotations during the shutdown. Anhui Jinhe hydrogen’s peroxide price was 1,400 RMB/ton.
Supply was tight, and the market for hydrogen peroxide rose
Since the middle of April, the purchasing demand of terminal paper industry has increased. In addition, the hydrogen peroxide plant of Anhui Quansheng was shut down for maintenance. Due to the low inventory and tight supply of hydrogen peroxide plant, the factory price was continuously increased. As of April 21, the price of hydrogen peroxide has been quietly rising for more than a week, up as high as 11%. Although the terminal caprolactam market is weak and stable, the paper industry market also slows down, and the hydrogen peroxide market is suppressed to a certain extent. Due to the low inventory and the price support of manufacturers, the hydrogen peroxide Market is still strong.
Hydrogen peroxide analysts of SunSirs believe that: the May Day holiday is coming, the terminal stock market is over, Quansheng expects to start production at the end of the month, the supply will increase, and the hydrogen peroxide market may weaken in the future.
