Hydrogen peroxide prices continue to soar

According to the business monitoring data, hydrogen peroxide Kim Gu after the market is still awesome, double festival later, mid October began, hydrogen peroxide again soared, the price rose 18% in September, continued to rise, as of October 22nd, the hydrogen peroxide market average price of 1420 yuan / ton, the price rose more than 53% in early September, compared with the beginning of October price rise of over 32%.

 

Azodicarbonamide (AC foaming Agent)

According to the monthly rise and fall chart of hydrogen peroxide from January 2019 to September 2020, it can be seen that the monthly rise and fall months of hydrogen peroxide in 2019 are basically the same, with the maximum increase of 39.93%. In August and September, the performance is relatively flat, with the main decline. In October, the same price rose by more than 25%.

 

In the first nine months of 2020, hydrogen peroxide rose by more than 32% in June, while other months showed relatively low performance. In the second half of the year, hydrogen peroxide fell for two months, and the market of hydrogen peroxide rose by more than 15% at the end of September. After the national day, hydrogen peroxide again ushered in the rise, and continued to rise, has exceeded the first half of the largest increase of 32.3%, there is still room for further growth.

 

On October 22, the commodity price index of hydrogen peroxide and caprolactam was 214.56, which was 12.8 points higher than yesterday, a record high in the cycle, and 138.80% higher than the lowest point of 89.85 on January 29, 2019. (Note: cycle refers to the period from January 1, 2019 to the present)

 

In the first ten days of September, the price of pure benzene rose and the cost was good. The supply of caprolactam decreased and the price kept rising. In late September, some caprolactam enterprises resumed production and increased supply. As supply exceeds demand, inventory pressure increases. Prices began to fall. After the national day, the supply is tight, caprolactam is also rising. The awesome price of hydrogen peroxide will be welcomed by some manufacturers at the end of the month. The supply of hydrogen peroxide will continue to rise.

 

The commodity price index of hydrogen peroxide and corrugated paper on October 22 was 213.12, which was 14.02 points higher than yesterday, 13.37% lower than 246.00 points (October 21, 2019), and 98.18% higher than 107.54 points, the lowest point on January 29, 2019. (Note: the period refers to the period from January 1, 2017 to the present)

 

After the end of the double festival holiday, the base paper market was stable, mainly due to the stable price of raw material waste yellow board paper during the holiday, and the preferential profit concession of paper mills was gradually cancelled. With the resumption of production of paper mills after the holiday, the need to replenish inventory exists. The large-scale stock market of double 11 has been started, and the enthusiasm of purchasing hydrogen peroxide has increased, and the hydrogen peroxide market has been supported again.

 

Li Bing, hydrogen peroxide analyst of business club, believes that: the price of terminal caprolactam has risen sharply, the paper industry has been driven by the preparation of goods on November 11, hydrogen peroxide manufacturers have started parking for maintenance, and there are many profitable factors. The price of hydrogen peroxide is still expected to rise in the future.

Melamine