Price trend

According to the monitoring data of SunSirs, since July, the price of hydrogen peroxide began to fall continuously, and the price continued to fall. In August, the market still did not improve, and prices continued to fall. As of August 7, the average price of hydrogen peroxide in the domestic market was 906 RMB/ton, a 12.82% drop from the price in early July.

Analysis review

From January to July 2020, the price of hydrogen peroxide fell in more months, and the declines in February and April were both over 10%. Only January and June were the main price increases, with the largest increase of over 30% in June. After June, the hydrogen peroxide was exhausted in July, and the price fell all the way, with a drop of nearly 9%. By August, the market still did not improve in the first week, with a drop of more than 4%.

Hydrogen peroxide kept falling due to poor terminal demand

Starting in July, the terminal caprolactam market began to decline, and the price fell by more than 9%. The rising trend of the paper industry market has come to an end and has gradually stabilized. In addition, in June, caprolactam manufacturers and the paper industry have concentrated on stocking, and the enthusiasm for purchasing hydrogen peroxide has gradually declined. The reduction in the purchase of hydrogen peroxide has opened up a market that continues to fall.

By the first week of August, the market for hydrogen peroxide was still sluggish and continued to fall. The mainstream quotation had fallen to 900 RMB/ton. The mainstream price of 27.5% hydrogen peroxide in Hebei area was 860 RMB/ton, down 40 RMB/ton from the beginning of August; the mainstream price of 27.5% hydrogen peroxide in Shandong area was 880 RMB/ton, down 40 RMB/ton from the beginning of August; the mainstream price of 27.5% hydrogen peroxide in Anhui was 950 RMB/ton, down 50 RMB/ton from the beginning of August.

Market outlook

The hydrogen peroxide analyst of SunSirs believes that the terminal demand for hydrogen peroxide is difficult to improve in the short term, and the price will continue to fall mainly. As the current price is at a low level, it is expected that the decline in the price of hydrogen peroxide may be limited in the future.

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