According to the monitoring data of business agency, since June, due to the weakening of terminal demand, hydrogen peroxide has opened a deep falling mode, and the price has been falling continuously, falling to July, falling below the RMB 900 level. In early June, the average price of hydrogen peroxide market was 1013 yuan / ton, and on July 6, the average price of hydrogen peroxide market was 873 yuan / ton, and the price fell 13.82%.

According to the monthly rise and fall chart of hydrogen peroxide in business agency from January to June 2021, it can be seen that in the first half of the year, hydrogen peroxide fell 4 months, up 2 months. The biggest decline in February, the biggest in March, the decline in April, the decline in May June, and June’s decline was more than 12 percent.

During the Spring Festival, the end of hydrogen peroxide caprolactam and printing and paper manufacturers stopped for maintenance, and did not start up the whole system after the festival. Demand was depressed, and the hydrogen peroxide opening fell sharply, down more than 20%. In March, the terminal manufacturers began to resume construction, and hydrogen peroxide ushered in a big increase. Hydrogen peroxide growth slowed in April. After May 1, the hydrogen peroxide terminal is still available. In addition, the hydrogen peroxide manufacturer has maintained it. In the last half of the month, it showed strong performance. At the end of the month, due to the weak terminal demand, hydrogen peroxide opened a sharp decline. In June, the decline of hydrogen peroxide was even more constant, falling by more than 12%.

On July 6, some domestic hydrogen peroxide manufacturers quoted the following:

The price of hydrogen peroxide in Luxi Chemical Industry is 780 yuan / ton, down 80 yuan / ton compared with that in early June; The price of hydrogen peroxide for Zhengyuan fertilizer in Hebei Province is 930 yuan / ton, which is down 70 yuan / ton from the price in early June; The price of hydrogen peroxide in Quansheng chemical industry in Anhui Province is 930 yuan / ton, which is down 170 yuan / ton compared with the beginning of the month.

The hydrogen peroxide will fall continuously in the coming of off season

In June, due to the sharp decline in paper purchasing volume, hydrogen peroxide entered the off-season of consumption, led by the negative factors, the price of hydrogen peroxide remained down, and the manufacturers were not confident enough to reduce the factory price. Hydrogen peroxide market fell continuously, falling more than 12%.

In July, hydrogen peroxide still remained weak. Due to the poor terminal demand, some hydrogen peroxide manufacturers stop for maintenance. The hydrogen peroxide unit of Zhengyuan fertilizer has been stopped for maintenance and the price is relatively stable. The weak trend of hydrogen peroxide Market in Shandong and Anhui is mainly. As of July 6, the mainstream quotation of domestic hydrogen peroxide manufacturers is RMB 900 / ton.

On July 6, the commodity price index of hydrogen peroxide and caprolactam was 90.74, which was the same as yesterday, falling 58.59% from 219.12 (2020-10-27) of the highest point in the cycle, and 0.99% higher than the lowest point of 89.85 on January 29, 2019（ Note: cycle refers to January 1, 2019 to present)

Caprolactam remained down in early June, down more than 1.4%. After the Dragon Boat Festival, caprolactam continued to stabilize, and the price of caprolactam was in a small increase near the end of the month. It was up to the beginning of July. The rise of caprolactam did not affect the decline of hydrogen peroxide, and hydrogen peroxide continued to decline.

On July 6, the price index of hydrogen peroxide and corrugated paper commodity was 119.81, down 0.5 points from yesterday, down 51.30% from 246.00 (October 21, 2019), and 11.41% higher than the lowest point 107.54 on January 29, 2019（ Note: cycle refers to January 1, 2017 to present)

In June, restricted by environmental protection policies, the paper plant started down, rain weather affected, transportation costs increased, and the paper factories increased the factory price of corrugated paper, corrugated paper market rose all the way, and continued to operate at a high level. In July, corrugated paper market continued to stabilize, boosting the hydrogen peroxide Market Limited.

Li Bing, an analyst with hydrogen peroxide at the business agency, said: the market is expected to stop falling and rebound because of the continued poor demand for hydrogen peroxide terminals and the price has fallen to a low level.