Price trend

According to the data monitored by SunSirs, since June, hydrogen peroxide has ended the weak decline and completely got rid of the decline. The price keeps rising, rising 3% at the beginning of the month, over 7% on the 8th and over 5% on the 11th. As of June 11, the average market price of 27.5% hydrogen peroxide was 900 RMB/ton, up 15.88% from the beginning of June..

Analysis review   

The manufacturers stop for maintenance in succession & hydrogen peroxide supply is tight

Since June, some domestic hydrogen peroxide manufacturers have started maintenance plans. Dezhou Shihua has started parking on the 9th. Mingshui has stopped for one day. Hangzhou Mingxin Hydrogen Peroxide Co., Ltd. plans to start maintenance on the 16th. Binhua will also stop to overhaul at the end of the month. Hydrogen peroxide manufacturers are overhauled and the hydrogen peroxide market is in short supply.

Demand for terminal rigidity increases greatly & ex-factory price of hydrogen peroxide continues to increase

Since the beginning of June, the terminal has started the stocking market, the caprolactam manufacturers have concentrated purchases, and the purchase orders of thiourea dioxide customers have increased. Chenming Paper and Cangzhou Xuyang have purchased one after another, hydrogen peroxide has started a wave of increase, and the ex-factory price has been raised by 50-100 RMB/ton. After the 8th, manufacturers in the Shandong region stopped working one after another, and supply was tight. The main caprolactam companies in Hebei and Shanxi continued to pick up recently. The manufacturers shipped smoothly, and the factory price of hydrogen peroxide was raised again by 30-60 RMB/ton. As of the 11th, the market price of 27.5% hydrogen peroxide has risen by more than 15%.

Supported by terminal rigid demand, hydrogen peroxide market outlook prices will remain high

Since May, caprolactam has seen a strong upward trend. It continued to run at a high level from mid-May to the end of the month. It continued to rise in early June, and the overall price rose by more than 20%. As the upstream of caprolactam, in June, hydrogen peroxide also began to gradually increase its strength. In addition, many hydrogen peroxide companies began to shut down for maintenance, and the supply was tight. The amount of hydrogen peroxide purchased by downstream caprolactam companies increased significantly. The market turnover was active. Hydrogen peroxide prices continued to climb, with prices rising 15% in 11 days.

Market outlook

The hydrogen peroxide analysts of SunSirs believe that: in the middle and late June, with the maintenance of multiple hydrogen peroxide parking, the tight supply situation will continue, the price of terminal caprolactam is strong, and the paper market has obviously improved. Under the support of terminal demand and the advantages of many factors, the price of hydrogen peroxide is easy to rise and difficult to fall, and the market price will remain high.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.