Terminal demand rebounded, hydrogen peroxide price bottomed out and rebounded in May

According to the monitoring data of business news agency, the hydrogen peroxide Market returned to the rising market in May, the rigid demand of terminal increased, and hydrogen peroxide started to rise. At the beginning of the month, the average market price of hydrogen peroxide was 1070 yuan / ton. On the 27th, the average market price of hydrogen peroxide was 1106 yuan / ton, up 3.43%.

According to the weekly rise and fall chart of hydrogen peroxide from March 1 to May 23, 2021, it can be seen that after the Spring Festival, the hydrogen peroxide Market weakened, with a decline of more than 3.6%. At the beginning of March, the hydrogen peroxide Market showed a sharp rise, or more than 5%. After the sharp rise, it began to dive, continuing the weak market. In April, in the middle of the month, hydrogen peroxide rose again, with an increase of more than 5%. After the May Day holiday, hydrogen peroxide was in a weak position and started a rising mode in the middle of the month. It rose to May 22, with an increase of more than 10%. Towards the end of the month, the hydrogen peroxide market had a correction.

On May 27, some domestic hydrogen peroxide manufacturers quoted the following prices:

Luxi Chemical hydrogen peroxide quoted 1000 yuan / ton, 50 yuan / ton higher than that at the beginning of May; Hebei Zhengyuan chemical fertilizer hydrogen peroxide quoted 1100 yuan / ton, the price increased by 140 yuan / ton; Anhui Quansheng chemical hydrogen peroxide quoted 1220 yuan / ton, the price increased by 70 yuan / ton; Hunan Shuangyang high tech chemical hydrogen peroxide quoted 1200 yuan / ton, stable.

Terminal rigid demand increases, hydrogen peroxide bottoms and rebounds

After May Day, the performance of hydrogen peroxide was not good. In the week of May 11, the purchase of hydrogen peroxide terminal paper industry increased, hydrogen peroxide made efforts again, and the rising trend restarted. Hydrogen peroxide enterprises continued to raise the ex factory price, and the average price of hydrogen peroxide Market exceeded 1000 yuan, or more than 6%.

In the week of May 18, the terminal rigid demand continued to improve. Shandong Mingshui chemical company had a shutdown plan at the end of the month, which was supported by the profit. The price of hydrogen peroxide still kept rising, with an increase of more than 10% compared with that on May 11.

At the end of the month, the price of hydrogen peroxide in Luxi dropped to some extent. The mainstream quotation was 1000 yuan / ton, and the price fell by 40 yuan / ton. Other manufacturers hydrogen peroxide Market is relatively stable.

On May 27, the commodity price index of hydrogen peroxide and caprolactam was 116.62, which was the same as yesterday, decreased by 46.78% compared with the highest point 219.12 (2020-10-27) in the cycle, and increased by 29.79% compared with the lowest point 89.85 on January 29, 2019( Note: period refers to the period from January 1, 2019 to now

The price of hydrogen peroxide terminal caprolactam continued to rise, driven by the rise of pure benzene market, with an increase of more than 5.4% in the whole may. Caprolactam market soared, manufacturers purchase hydrogen peroxide enthusiasm is higher, hydrogen peroxide terminal demand improved, prices back up.

On May 27, the price index of hydrogen peroxide and corrugated paper was 153.49, which was the same as yesterday. Compared with the highest point 246.00 in the cycle (October 21, 2019), it decreased by 37.61%, and increased by 42.73% compared with the lowest point 107.54 on January 29, 2019( Note: period refers to the period from January 1, 2017 to now

After the May Day holiday, the price of corrugated paper is temporarily stable, but with the cancellation of nine dragon paper preferential policies, the price of base paper in some areas has slightly increased. With the recent rise in the price of waste paper raw materials, the price of corrugated paper showed an upward trend, and the price of paper increased by more than 6.6% in May. The paper mills are enthusiastic about purchasing hydrogen peroxide, and the hydrogen peroxide Market is getting better and rising.

Li Bing, hydrogen peroxide analyst of business news agency, said: hydrogen peroxide manufacturers stop for maintenance, and the demand of terminal papermaking market increases. It is expected that hydrogen peroxide will continue to rise in June.

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