According to the monitoring of the business agency: since June, the hydrogen peroxide terminal papermaking and printing industry has warmed up. Hexanolamide enterprises have high purchasing enthusiasm, and rigid demand has increased. The price of hydrogen peroxide has been rising all the way. As of July 1, the price of hydrogen peroxide is still rising. 27.5% of the average market price of hydrogen peroxide has broken through the 1000 yuan mark, which has increased by 33.91% compared with the beginning of June.
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According to the monthly up and down chart of hydrogen peroxide from January 2019 to June 2020, it can be seen that the period from February to may in 2019 is the period of hydrogen peroxide’s great rise. On the contrary, hydrogen peroxide falls by more than 20% in June, and hydrogen peroxide is the highest annual increase of nearly 40% in August.
Hydrogen peroxide has been declining from February to may in 2020, with a decrease of more than 18% in February and a decrease of more than 10% in April. In June, hydrogen peroxide rose 32.19%, close to the highest increase of hydrogen peroxide in 2019.
Let’s make a specific analysis of the reasons for the sharp rise of hydrogen peroxide in June 2020
At the beginning of June, the terminal opened the stock market, all efforts were made, caprolactam manufacturers centralized procurement, sulfur dioxide urea customer purchase orders increased, Chenming Paper and Cangzhou Xuyang successively purchased, and rigid demand increased. In addition, on June 9, the hydrogen peroxide manufacturer, Dezhou Shihua, stopped for maintenance, and the supply was tight. The hydrogen peroxide manufacturers raised their prices one after another, and the mainstream price rose by 60-80 yuan / ton.
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Hangzhou Mingxin hydrogen peroxide Co., Ltd. has shut down the hydrogen peroxide plant for maintenance in the middle and late June of some enterprises, and Binhua will also carry out the shutdown maintenance at the end of the month. Hydrogen peroxide terminal caprolactam manufacturers, sulfur dioxide urea customers, paper industry purchase orders for hydrogen peroxide increased, supply was tight, hydrogen peroxide price ex factory price continued to rise for four consecutive weeks, with weekly increase of 50-100 yuan / ton.
Throughout June, the price of hydrogen peroxide continued to rise, with an average market price of more than 1000 yuan / ton, with an increase of more than 30% stimulated by the increasing demand of terminal paper industry and caprolactam
On July 1, Hongye, Chenming, Xuyang and other paper industries were still purchasing strongly. The purchasing demand of caprolactam enterprises in Hebei Province continued to increase. The manufacturers of hydrogen peroxide were still raising their ex factory prices. Compared with the beginning of June, the price of hydrogen peroxide rose 33.91%.
Hydrogen peroxide analysts of the business agency believe that: the purchasing demand of terminal paper industry and caprolactam enterprises is supported, and the supply of hydrogen peroxide manufacturers is tight, there is still room for hydrogen peroxide to rise in July, and the expected increase may not be as big as that in June. After all, the increase of hydrogen peroxide in June is close to the highest monthly increase in 2019.
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