According to the monitoring data of business news agency, since June, the traditional off-season of hydrogen peroxide has come, and the market has been falling continuously until the middle of July, falling below 850 yuan. At the beginning of June, the average market price of hydrogen peroxide was 1013 yuan / ton. On July 16, the average market price of hydrogen peroxide was 846 yuan / ton, down 16.45%.
According to the weekly fluctuation chart of hydrogen peroxide in business community from April 19 to July 11, 2021, it can be seen that the hydrogen peroxide market was weak at the end of April. After the May Day holiday, the hydrogen peroxide terminal was ok, and the hydrogen peroxide manufacturers repaired it. It went up for two weeks in a row, or more than 8%. At the end of the month, due to the weakening of terminal demand, hydrogen peroxide began to decline sharply. Since June, hydrogen peroxide has opened a downward channel, falling for three consecutive weeks, with an overall decline of over 7.5%. At the beginning of July, the decline of hydrogen peroxide Market slowed down, and the market rose. As a whole, it was still in a downward trend. As of July 16, hydrogen peroxide had dropped by more than 4.51%.
On July 16, some domestic hydrogen peroxide manufacturers quoted as follows:
The quoted price of hydrogen peroxide in Luxi Chemical was 740 yuan / ton, down 40 yuan / ton from the beginning of July; Hebei Zhengyuan chemical fertilizer hydrogen peroxide quoted 900 yuan / ton, which was stable compared with the price at the beginning of July; Anhui Quansheng chemical hydrogen peroxide quoted 900 yuan / ton, down 50 yuan / ton compared with the beginning of the month.
Flat terminal demand, hydrogen peroxide starts deep drop mode
In June, due to a sharp decline in the purchase volume of the paper industry, hydrogen peroxide entered the off-season of consumption. The price of hydrogen peroxide still kept falling due to negative factors. The manufacturers were not confident in supporting the price, so they reduced the ex factory price one after another. Hydrogen peroxide market continued to fall, down more than 12%.
In July, hydrogen peroxide remained weak and fell. Due to poor terminal demand, some hydrogen peroxide manufacturers shut down for maintenance. The hydrogen peroxide unit of Zhengyuan chemical fertilizer has been shut down for maintenance, and the price is relatively stable. The hydrogen peroxide Market in Shandong and Anhui continued to decline. As of July 16, the mainstream quotation of domestic hydrogen peroxide manufacturers was 850 yuan / ton.
In the middle of July, the price of corrugating base paper continued to decline due to the reduction of raw material and waste paper price, and most of them showed a small fluctuation. Due to the influence of Guangdong’s coal to gas policy, the current supply side is slightly narrowed. In addition, the terminal demand is light, and most of the downstream secondary factories are just in need of replenishment, which makes the market trading atmosphere not strong, the paper market is weak, and the rise of hydrogen peroxide is weak.
Li Bing, hydrogen peroxide analyst of business news agency, thinks: terminal demand is not good, hydrogen peroxide Market is difficult to improve in the short term, or will continue to decline.
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