According to data from Shengyishe Spot News, in April, the supply of hydrogen peroxide in the market became tight, while the demand side improved, providing dual support and causing a significant increase in prices. Prices have entered the era of “four digits”. At the beginning of the month, the average market price of hydrogen peroxide was 796 yuan/ton. On April 21st, the average market price of hydrogen peroxide was 1033 yuan/ton, an increase of 29.71%.
Reasons for the rise in the current hydrogen peroxide market
On the demand side: In late April, the pre holiday stocking market arrived, and epoxy propane enterprises in the northern region continued to purchase, with strong digestion capacity; At the same time, the increase in operating load of the caprolactam factory has increased the demand for hydrogen peroxide. Downstream industries such as papermaking and new energy (iron phosphate) have also conducted centralized procurement, providing strong support for the market
Inventory and supply situation: Production enterprises have abundant orders, and the overall inventory level continues to decline, with many water companies even experiencing the phenomenon of controlling quantity and shipping. Low inventory levels provide a solid foundation for price increases. Hydrogen peroxide companies in Shandong, Anhui, and Sichuan regions have stopped for maintenance, while some companies in Hangzhou have limited production. The temporary shortage of supply has driven the hydrogen peroxide market to soar.
In summary, in late April, domestic hydrogen peroxide was already at a historical high. After the May Day holiday, the stocking market ended, and the pressure of loose supply remained. Terminal demand fell, and the hydrogen peroxide market gradually experienced a pullback.
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