Price trend
According to the data of SunSirs, Since January, the hydrogen peroxide has ended the downturn and returned to the rising channel, and the price has continued to rise. As of January 6, the average price of hydrogen peroxide was 1,163 RMB/ton, and the price rose 5.12% from the beginning of the month.
Analysis review
Since January, the hydrogen peroxide terminal caprolactam has ended the downturn, the price has continued to rise, and the enthusiasm for purchasing hydrogen peroxide has been higher. On the supply side: some manufacturers of hydrogen peroxide have stopped working, other manufacturers have low inventory, and the market is in short supply. Manufacturers and traders have increased prices to sell, and hydrogen peroxide has ushered in rising prices. Prices in mainstream regions exceeded 1,300 RMB/ton, and prices rose by 100 RMB/ton from the beginning of the month, an increase of over 5%.
As of January 6, the prices of hydrogen peroxide in various regions are as follows:
Shandong area: Luxi Chemical 27.5% hydrogen peroxide is 1,070 RMB/ton; prices are up 30 RMB/ton from the end of December.
Hebei area: The factory price of Zhengyuan Fertilizer 27.5% hydrogen peroxide is 1,120 RMB/ton, which is 40 RMB/ton higher than that at the end of December.
Anhui area: Anhui Quansheng's 27.5% hydrogen peroxide price is 1,300 RMB/ton, and the price is up 100 RMB/ton from the end of December.
Hunan area: The price of 27.5% hydrogen peroxide in Shuangyang, Hunan is 1,300 RMB/ton, which is flat compared with the end of December.
Zhejiang area: Hangzhou Mingxin's 27.5% hydrogen peroxide price is 1350 RMB/ton, the price is flat compared with the end of December.
Industrial chain: In January, the price of hydrogen peroxide caprolactam bottomed out. As of the 6th, the price of caprolactam rose 1.22%. The prices of upstream raw materials have risen, and terminal demand has picked up, boosting the price of caprolactam. Supported by the increase in caprolactam prices, the enthusiasm for purchasing hydrogen peroxide improved, and the price of hydrogen peroxide ushered in an upward trend.
Market outlook
SunSirs hydrogen peroxide analysts believe that: the Spring Festival is approaching, hydrogen peroxide manufacturers have stopped parking for maintenance, supply is insufficient, the market price of hydrogen peroxide still has room to rise, it is expected that the price of hydrogen peroxide will rise easily and fall difficultly in the future.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.