According to the data monitoring of the business agency: in June, the demand for hydrogen peroxide terminals improved, gradually getting rid of the depressed market in May, and the price rose by 3% at the beginning of the month. On June 8, the hydrogen peroxide terminal concentrated its efforts, with the average ex factory price of 856 yuan / ton, 10.3% higher than that at the beginning of the month, and 7.53% higher per day.
| EDTA |
Terminal demand downturn hydrogen peroxide fell for 4 months in the first half of 2020
According to the monthly rise and fall chart of hydrogen peroxide of the business club, after the surge of 25.36% in October 2019, hydrogen peroxide began to enter the downward channel, and the price continued to decline. In 2020, except for January, the overall price rose by 0.9% and fell for four months in a row. In February and April, the price dropped by more than 10%, even close to 20%.
In the first half of 2019 and the first half of 2020, it is the opposite. It has been rising for four months in a row. In three months, it has increased by more than 10% and the highest by more than 20%. In 2019, the price of hydrogen peroxide rose for three months, mainly because the price of downstream caprolactam continued to rise. In addition, the export volume of some plates was good, the purchase volume of hydrogen peroxide increased, the terminal demand was supported, the hydrogen peroxide manufacturers were confident in the price and the price rose all the way.
In 2020, after the Spring Festival, the hydrogen peroxide terminal papermaking and printing industry is in a recession, and hydrogen peroxide manufacturers have started to work one after another, with loose supply and falling prices. Since April, the export orders of downstream products, such as bleached boards, have declined, and the price rise is hopeless, continuing to decline. As of April 30, hydrogen peroxide was 28.66% lower than that at the beginning of February, and caprolactam was 24.04% lower than that at the beginning of February.
After May 1, the price of terminal caprolactam products soared, the purchase demand turned warm, and the price of hydrogen peroxide rebounded. Due to the relatively loose supply, the price rose and then fell.
Terminal manufacturers focus on purchasing hydrogen peroxide in June
| Melamine |
In May, the paper market ended its decline and ushered in an improvement, with a monthly increase of 1.83%, and the hexanolenediamine market rose. At the beginning of June, the terminal started the stock market, all efforts were made, caprolactam manufacturers centralized procurement, sulfur dioxide urea customers increased purchase orders, Chenming paper industry, Cangzhou Xuyang one after another procurement, rigid demand increased. In addition, on June 9, the hydrogen peroxide manufacturers in Dezhou real Chemical Co., Ltd. shut down for maintenance, with tight supply and favorable support, and the hydrogen peroxide manufacturers raised their prices one after another.
On June 8, the price of hydrogen peroxide rose one after another. The price of 27.5% hydrogen peroxide of Luxi Chemical Industry was 780 yuan / ton, 60 yuan / ton higher than that of last week; the price of 27.5% hydrogen peroxide of Hebei Zhengyuan fertilizer industry was 850 yuan / ton, 100 yuan / ton higher; the price of 27.5% hydrogen peroxide of Anhui Quansheng was 980 yuan / ton, 80 yuan / ton higher.
Bearish still in the hydrogen peroxide boom space is still limited
Li Bing, an analyst of hydrogen peroxide in business club, believes that in the short term, manufacturers will shut down for maintenance, supply is tight, the terminal market will gradually pick up, and the price of hydrogen peroxide will still rise slightly. As the price of hydrogen peroxide terminal caprolactam is at a high level, the paper market is rising slightly, and the paper printing industry has not ushered in a real period of big rise. Hydrogen peroxide is still a flash in the pan this time, and the momentum is insufficient.
| EDTA 2Na |