Terminal demand supports the continuous rise of hydrogen peroxide price

According to the data monitoring of the business agency, since June, the hydrogen peroxide manufacturers have been intensively overhauling, the terminal rigid demand has increased, the price of hydrogen peroxide has been rising continuously, with an increase of over 18%, 3% at the beginning of the month, over 7% in a single day on August 8, and over 5% on November 11. As of June 18, the average market price of 27.5% hydrogen peroxide was 920 yuan / ton, up 18.45% from the beginning of June.

 

EDTA

According to the monthly rise and fall chart of hydrogen peroxide from June 2019 to may 2020, it can be seen that the price of hydrogen peroxide is rising from February to may 2019. In June, the price of hydrogen peroxide dropped by more than 20%, and only in August saw a big rise. However, in the first five months of 2020, hydrogen peroxide rose by only 0.9% in January, fell from February to may, fell by more than 18% in February and by more than 10% in April. Four months in a row. In June, hydrogen peroxide bottomed out and rebounded. By the end of June 18, hydrogen peroxide had risen by more than 18%.

 

Hydrogen peroxide in 2020 is abnormal compared with 2019, mainly because the downstream terminal of hydrogen peroxide in 2020 is limited, the terminal paper printing, the board industry is in a recession, and the market of hexanolenediamine is weak. In the middle and late May, the terminal industry began to recover. In June, the main enterprises of the paper industry focused on the purchase of chitosan, and the hydrogen peroxide market continued to rise.

 

Terminal industry warms up the rigid demand to support the continuous strengthening of hydrogen peroxide

 

In June, the price of corrugated paper began to rise for two consecutive days. Driven by the upward trend of waste paper market, the price of corrugated paper packaging paper in Dongguan, Chongqing and other multi bases of Jiulong paper industry increased by 50 yuan / ton. In the following week, Liwen, Shanying and Liansheng rose strongly, and small and medium-sized paper enterprises continued to increase by 50-80 yuan / ton. On the 8th, the factory price of corrugated paper increased by 50-100 yuan / ton again, and then small and medium-sized paper enterprises increased by 50-80 yuan / ton Paper companies continue to rise 50-100 yuan / ton. In 20 days, the corrugated paper market has completed three rounds of growth, with a maximum increase of 200 yuan / ton.

 

According to the data monitoring of the business association, the price of caprolactam rose after the May 1st movement. As of June 18, the price of caprolactam had risen by more than 20%. Supported by the price of caprolactam, the price of hydrogen peroxide rose in June. In addition, the hydrogen peroxide manufacturer’s parking maintenance, tight supply, caprolactam and paper market soared, the manufacturer started the stock market one after another, the purchase volume of hydrogen peroxide increased, and the price rose step by step.

 

Gamma-PGA (gamma polyglutamic acid)

Tight supply of hydrogen peroxide continues to rise

 

In the middle and last ten days of June, during the shutdown and overhaul of some hydrogen peroxide plants, Hangzhou Mingxin hydrogen peroxide Co., Ltd. stopped for overhaul on the 16th, and Binhua will also stop for overhaul at the end of the month. Hydrogen peroxide terminal caprolactam manufacturers, sulfur dioxide urea customers, the paper industry purchase hydrogen peroxide orders increase, supply is tight, hydrogen peroxide price rising, rising for three consecutive weeks, weekly increase in 50-100 yuan / ton, as of 18 days, the average price of hydrogen peroxide Market is more than 900 yuan / ton, up more than 18%.

 

Li Bing, an analyst of hydrogen peroxide in business club, thinks that: the end caprolactam, paper market are rising one after another, the rigid demand for hydrogen peroxide is supported, and some hydrogen peroxide manufacturers stop for maintenance, so the price of hydrogen peroxide is easy to rise and hard to fall in a short period of time.

http://www.lubonchem.com/

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