HENAN JINHE INDUSTRY CO.,LTD

HENAN JINHE INDUSTRY CO.,LTD

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HENAN JINHE INDUSTRY CO.,LTD

 [Henan,China]

Business Type:Manufacturer , Distributor/Wholesaler , Agent , Trade Company

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Home> Blog> Tight supply, increased terminal demand, rising hydrogen peroxide price

Tight supply, increased terminal demand, rising hydrogen peroxide price

January 05, 2021

202004021748286


In December, Hydrogen Peroxide ended its sharp decline in November, the supply was tight, the terminal demand increased, hydrogen peroxide returned to the rising channel, and the price continued to rise. At the beginning of the month, the average market price of hydrogen peroxide was 1310 yuan / ton. At the end of the month, the average market price of hydrogen peroxide rose to 1430 yuan / ton, up 9.16%.

Hydrogen peroxide dropped for seven months and rose for five months. The biggest increase was in October, up 35.09%. The biggest drop was 18.21% in February. In the first half of the year, the price fell for four consecutive months, and in the second half of the year, it performed well. In November, the price dropped by nearly 10%, and in December, hydrogen peroxide rose by more than 9%.

Terminal caprolactam power hydrogen peroxide Market Returns to rise

Since December, the terminal caprolactam market has been on the rise because the manufacturers have been stopping for maintenance, and the supply is tight. The enthusiasm for purchasing hydrogen peroxide has increased, and the inventory of hydrogen peroxide manufacturers is at a low level. In addition, the hydrogen peroxide decline in November is relatively large, and the manufacturers are very worried about the price. The price of hydrogen peroxide began to pick up, and the market continued to rise. On December 31, the price of hydrogen peroxide rose by 9.16% compared with the beginning of the month.

Future prospects

We believe that: after new year's day, the Spring Festival is coming, the terminal caprolactam and paper industry manufacturers have stopped for maintenance, the terminal demand has fallen, and the future price of hydrogen peroxide has been callback.

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