SunSirs: Hydrogen Peroxide Oscillated Down in February
According to the monitoring data of SunSirs, the hydrogen peroxide market rose and fell in February, mainly oscillating and falling. At the beginning of the month, the average market price of hydrogen peroxide was 786 RMB/ton. On February 22, the average market price of hydrogen peroxide was 773 RMB/ton, down 1.7%.
Analysis review
The terminal demand was general, and the hydrogen peroxide market rebounded weakly in February
After the Spring Festival, the hydrogen peroxide market continued to remain sluggish. The terminal printing and paper industry has not fully resumed work, and the demand for purchasing hydrogen peroxide was general. In addition, during the Spring Festival, hydrogen peroxide enterprises started normal operation, the supply was loose, and the hydrogen peroxide market fell weakly. On February 11, the average market price of hydrogen peroxide was 756 RMB/ton, and the price fell by more than 3.8%.
After the middle of the month, the terminal paper industry and printing industry had a general demand for purchasing hydrogen peroxide, and the hydrogen peroxide market rose and fell, showing a short-term rebound. Due to the excessive decline in the early stage, the rebound of hydrogen peroxide was weak, and the overall trend was mainly down, with a decline of nearly 2%.On February 22, the hydrogen peroxide market of some domestic manufacturers is as follows:
The price of Luxi Chemical’s hydrogen peroxide was 660 RMB/ton, down 40 RMB/ton from the beginning of the month; The price of Hebei Zhengyuan’s hydrogen peroxide was 660 RMB/ton, down 60 RMB/ton from the beginning of the month; Anhui Quansheng Chemical’s hydrogen peroxide price was 950 RMB/ton, the price was flat with the price at the beginning of the month..
Market outlook
The hydrogen peroxide analyst of SunSirs believes that the terminal performance is not good, and the hydrogen peroxide market will still run weakly.