According to the monitoring data of the business agency, the price of hydrogen peroxide began to fall since July, and the price has been falling all the way. In August, the market still did not improve, prices continued to fall. As of August 7, the average price of hydrogen peroxide in the domestic market was 906 yuan / ton, down 12.82% from the price in early July.
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According to the monthly rise and fall chart of hydrogen peroxide from January to July in 2020, it can be seen that there are more months in which the price of hydrogen peroxide drops in the first seven months, with the decrease of more than 10% in February and April. Only in January and June, prices rose mainly, with the largest increase of more than 30% in June. After June, the price of hydrogen peroxide dropped by nearly 9% in July after June. In August, the market remained unchanged in the first week, falling more than 4%.
The terminal demand is not good, and hydrogen peroxide drops continuously
Starting from July, the market of terminal caprolactam began to decline, and the price dropped by more than 9%. The rising trend of the paper industry has come to an end, and gradually tends to be stable. In addition, caprolactam manufacturers and the paper industry have concentrated on stock preparation in June, and the enthusiasm for purchasing hydrogen peroxide has gradually declined. The decrease of hydrogen peroxide purchasing volume has opened a falling market.
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By the first week of August, the market of hydrogen peroxide was still weak and continued to decline, with the mainstream price falling to 900 yuan / ton. The mainstream quotation of 27.5% hydrogen peroxide in Hebei Province was 860 yuan / ton, down 40 yuan / ton compared with the beginning of August; the mainstream quotation of 27.5% hydrogen peroxide in Shandong Province was 880 yuan / ton, 40 yuan / ton lower than that in early August; the mainstream quotation of 27.5% hydrogen peroxide in Anhui Province was 950 yuan / ton, down 50 yuan / ton compared with the beginning of August.
Li Bing, hydrogen peroxide analyst of business club, believes: the terminal demand for hydrogen peroxide is difficult to improve in the short term, and the price will continue to go down. As the current price is at a low level, it is expected that the future price drop of hydrogen peroxide will be limited.
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