End of year inventory clearing, hydrogen peroxide prices fell sharply

On January 20, the hydrogen peroxide commodity index was 113.04, down 9.79 points from yesterday, 47.90% from 216.98 (2017-12-24), and 57.57% higher than 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

 

According to the monitoring of the business agency: near the Spring Festival, the hydrogen peroxide market staged a sharp decline. At the beginning of January, the average price of 27.5% hydrogen peroxide will be 1106 yuan / ton. On January 20, the average price of hydrogen peroxide will be 1040 yuan / ton, down 7.96% from the beginning of the week and 6.02% from the beginning of the month.

 

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market analysis

 

On the eve of the Spring Festival, most hydrogen peroxide manufacturers had no downtime plan for the time being. The supply was loose and the inventory was increased. Before the festival, in order to reduce the inventory of some manufacturers, the price of hydrogen peroxide in Hebei dropped by 230 yuan / ton on the 20th and the quotation dropped to 770 yuan / ton. The main price in Shandong Province dropped by a relatively small margin: 1050 yuan / ton, 40 yuan / ton, stable in Anhui Province, 1300 yuan / ton, 1150 yuan / ton in Hangzhou, 50 yuan / ton, 1150 yuan / ton, and 100 yuan / ton in Hunan Province.

 

As of January 20, the quotation of hydrogen peroxide in each region is as follows:

 

Shandong Province: the hydrogen peroxide plant of Luxi Chemical Co., Ltd. was started normally, and did not shut down during the Spring Festival. The price of 27.5% hydrogen peroxide was 1050 yuan / ton, and the price fell 40 yuan / ton.

 

Hebei Province: Zhengyuan fertilizer Co., Ltd. started its hydrogen peroxide plant normally and did not shut down during the Spring Festival. The ex factory price of 27.5% hydrogen peroxide fell to 770 yuan / ton and the price fell by 230 yuan / ton.

 

Anhui Province: Anhui Quansheng 27.5% hydrogen peroxide price 1300 yuan / ton, the price is the same.

 

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Hunan Province: Hunan hydrogen peroxide plant was started normally, and did not shut down during the Spring Festival. The price of 27.5% hydrogen peroxide was 1150 yuan / ton, down 100 yuan / ton.

 

Zhejiang Province: Hangzhou Mingxin hydrogen peroxide plant opened one set and stopped one set during the Spring Festival. 27.5% hydrogen peroxide offered 1150 yuan / ton, and the price dropped 50 yuan / ton.

 

Industry chain: the price of caprolactam at the end of hydrogen peroxide terminal has improved, but the paper industry, textile and printing industry enterprises have been shut down for holidays, less hydrogen peroxide has been purchased, and the demand has been greatly reduced. Before the festival, hydrogen peroxide enterprises went to inventory, and the prices were mainly down.

 

Outlook for the future

 

Hydrogen peroxide analysts of the business club believe that: during the Spring Festival, most hydrogen peroxide enterprises started their work normally, and the supply pressure increased. It is expected that the price rise of hydrogen peroxide will remain under pressure, or will continue to decline in a weak direction.

http://www.lubonchem.com/