Hydrogen peroxide low position waiting to go up

In early January, domestic hydrogen peroxide (27.5% content) market appeared to be in a state of adequate supply and low consolidation. Currently, Shijiazhuang, Hebei Xinle sales offer is 700 ~ 900 yuan (t price, the same below), Shandong Huatai sales offer is 800 ~ 1000 yuan, Jiangsu Tianhong sales offer is 800 ~ 1100 yuan, Guangdong Zhongcheng sales offer is 1000 ~ 1,200 yuan; East China transaction price of 1000 to 1200 yuan, South China transaction price of 1100 to 1200 yuan, North China transaction price of 800 to 1,000 yuan. Although prices have basically bottomed out, market turnover remains depressed.
At present, the overall demand for hydrogen peroxide downstream market is dull. Traders look for goods to be cautious and take small batches and take more orders. The overall wait-and-see attitude remains heavy. The traditional consumption fields of hydrogen peroxide, such as papermaking, textiles, and chemical synthesis, have performed quietly. The production of enterprises is generally in the same condition. On the one hand, crude oil prices have recently risen, and the main downstream product of hydrogen peroxide, epoxidized soybean oil, has been used as a substitute for crude oil. The price has subsequently been raised. However, shipments have been affected by low temperature and heavy snow, and stocks have increased; on the other hand, As a result of the overall recovery of the domestic economy, papermaking and printing and dyeing companies have also begun to recover. The demand for hydrogen peroxide has increased slightly, and the market trading atmosphere has been relatively stable. At present, the production and operation of the company are basically normal, and the hydrogen peroxide as raw material is going to follow. The situation of the downstream receiving goods is slightly improved, but there is no intention to purchase a large amount of goods.
Industry insiders generally stated that prices will not be lower for the current market, and it is expected that the hydrogen peroxide market will continue its low consolidation. As the prices have basically bottomed out, and some regions are subject to transportation restrictions, and the sources of goods are not much affected, there is a tendency for the prices of middlemen to rise after the Spring Festival.

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