Hydrogen peroxide market bottoms out and rebounds in 2020

According to the data monitoring of business news agency, in 2020, the price of hydrogen peroxide will drop first and then rise, showing a bottoming rebound, and the whole year’s price will rise by 28.61%. After a slight rise in January, the price of hydrogen peroxide has been falling for four months. The price of hydrogen peroxide once dropped to 750 yuan, a new low in three years, with the biggest drop of more than 30%. Since June, the hydrogen peroxide market has made full efforts to get rid of the downturn and usher in the rising trend. The price of hydrogen peroxide has increased by more than 80% in seven months.

 

According to the annual comparison chart of hydrogen peroxide from 2018 to 2020, the hydrogen peroxide Market in 2018 kept falling, from 1900 yuan to 1400 yuan / ton, a drop of more than 55%. In 2019, the hydrogen peroxide market rose sharply, and the overall oscillation rose, from 860 yuan to 1106 yuan / ton, and the price rose by 28.68%. By 2020, the overall trend of hydrogen peroxide market will be better than that in 2018 and 2019. In 2020, the hydrogen peroxide market will fluctuate and rise as a whole, from 1100 yuan / ton to 1400 yuan / ton, up more than 300 yuan.

 

According to the monthly K-bar chart from January to November in 2020, the month of hydrogen peroxide decline is more, and the month of hydrogen peroxide rise is only four months. Although the number of rising months is small, the increase is large. In June and October, hydrogen peroxide rose by more than 30%, and in September, hydrogen peroxide rose by more than 15%. Therefore, in 2020, as a whole, the price of hydrogen peroxide still shows an upward trend, with an overall increase of nearly 30%.

 

In 2020, the main factors affecting the price of hydrogen peroxide are: the increase of logistics cost, the centralized maintenance of manufacturers, the shortage of supply, the help of e-commerce, and the pull of terminal paper and caprolactam stock market. Bad factors: export volume orders decline, terminal papermaking, caprolactam industry recession.

 

The market analysis from January to December 2020 is as follows:

 

In January and the beginning of this month, the price of caprolactam in hydrogen peroxide terminal continued to rise. In addition, some hydrogen peroxide manufacturers shut down and the market was in short supply. The price exceeded 1300 yuan / ton, an increase of more than 5%. On the eve of the Spring Festival, the manufacturers cleared their stocks and sharply reduced the ex factory price of hydrogen peroxide by more than 6%. At the end of the month, after clearing the inventory, the price of hydrogen peroxide returned to a high level. January as a whole rose 0.9%.

 

In February, after the Spring Festival, logistics and transportation were blocked, and it was difficult for terminal caprolactam manufacturers and paper industry to purchase hydrogen peroxide. The turnover of hydrogen peroxide market was limited. Some manufacturers sharply reduced the price of hydrogen peroxide, and the price dropped from 1100 yuan / ton to 910 yuan / ton. February overall down 18.21%

 

In March, the quotation of hydrogen peroxide enterprises resumed one after another, and the market dropped sharply. In the middle of the month, the quotation of hydrogen peroxide enterprises increased by 50-100 yuan / ton due to the increase of terminal procurement demand. After the market soared, due to the terminal market decline, demand fell, near the end of the month, hydrogen peroxide prices fell steadily. The overall decline in March was more than 1%.

 

In April, the operating rate of domestic hydrogen peroxide enterprises increased and the supply was loose, while the terminal papermaking and printing industries were in recession, manufacturers were cautious in purchasing, and the demand was low. In addition, the export order volume decreased, and the market oversupply, the hydrogen peroxide price continued to decline sharply, and the mainstream quotation fell to 760-800 yuan / ton. In April, hydrogen peroxide declined by 11.81%.

 

In May, the export volume of hydrogen peroxide downstream products decreased, the terminal demand was low, and the price continued to fall, down 5.86%. Starting from the 18th, hydrogen peroxide rose by 7.11% driven by caprolactam. At the end of the month, the terminal demand was still weak, and the rise of hydrogen peroxide ushered in a decline. In May, hydrogen peroxide declined by 2.51%.

 

In June, the purchase orders of terminal caprolactam manufacturers and thiourea dioxide customers increased, Chenming Paper and Cangzhou Xuyang purchased one after another, and the demand for terminal rigidity increased. Hydrogen peroxide manufacturers concentrated parking maintenance, supply shortage, hydrogen peroxide market soared. In June, hydrogen peroxide rose by 32.19%.

 

In July, the operating rate of hydrogen peroxide enterprises increased, the terminal caprolactam market was depressed, and the paper industry, after the completion of centralized stock. The price of hydrogen peroxide also opened a downward channel, and the price continued to fall, with the average market price falling below 950 yuan / ton. In July, hydrogen peroxide decreased by 8.97%.

 

In August, the stock market of terminal caprolactam manufacturers and paper industry ended, the enthusiasm for purchasing hydrogen peroxide gradually declined, and the purchase volume decreased, opening a sharp decline in the market. The lowest mainstream price fell to 900 yuan / ton. In August, hydrogen peroxide declined by 2.11%.

 

In September, the traditional consumption peak season of hydrogen peroxide is coming. With the increase of terminal demand, the hydrogen peroxide Market is getting warmer. The price has been rising. In the first week, the price has risen by more than 7%, and the hydrogen peroxide market continues to soar. In September, hydrogen peroxide rose by 15.83%.

 

In October, after the national day, the terminal caprolactam rose sharply. Awesome market, hydrogen peroxide manufacturers welcome a wave of overhaul at the end of the month, tight supply, double eleven paper business electricity supplier stock market support hydrogen peroxide continues to skyrocket, Kim Gu, hydrogen peroxide ushered in silver ten. In October, hydrogen peroxide rose by 35.09%.

 

In November, in terms of terminal paper industry, the stock market of paper mills ended, the demand for purchasing hydrogen peroxide weakened, and the price continued to drop sharply. By 11.49%, hydrogen peroxide Market showed signs of recovery at the end of the month. In November, hydrogen peroxide declined by 9.66%.

 

In December, due to the large decline of hydrogen peroxide Market in the early stage, the price was at a low level, the manufacturers had a strong price support psychology, the terminal caprolactam market rose sharply, and the cost support, hydrogen peroxide returned to the rising trend. As of December 25, the price of hydrogen peroxide rose by 8.65%.

 

Future prospects

 

According to the hydrogen peroxide analysts of business news agency, although hydrogen peroxide continues to fall in the first half of 2020, it will continue to rise in the second half of 2020 with the support of more profits, and the price will return to 1400 yuan, which is obviously better than the sharp rise and fall in 2019.

In December 2020, hydrogen peroxide has shown a rising trend. With the approach of new year’s day and Spring Festival, some hydrogen peroxide enterprises will stop for maintenance and the supply is becoming tight. In the first quarter of 2021, hydrogen peroxide is still expected to continue to rise, and in the second quarter, it may continue to decline. In the third quarter and the fourth quarter, the traditional consumption of hydrogen peroxide is booming, and the rising trend is still expected. In 2021, hydrogen peroxide may return to 1600 yuan / ton.

Thiourea