According to the monitoring data of the business agency, the hydrogen peroxide market began to enter the downward channel in November after experiencing the golden September and silver October, and has dropped by more than 200 yuan / ton from the highest price of 1450 yuan / ton in October, and the market has recovered slightly this week. As of November 18, the price of hydrogen peroxide has dropped to 1290 yuan / ton, down 11.03% from the beginning of November and 0.52% higher than that of last week.
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According to the monthly rise and fall chart of hydrogen peroxide from January 2019 to October 2020, it can be seen that the increase of hydrogen peroxide in 2019 is mainly concentrated in the first half of the year, and the hydrogen peroxide market drops more in the second half of the year. The price of hydrogen peroxide falls mainly from November to December, with a decrease of more than 10%.
In the first half of 2020, hydrogen peroxide is mainly down, with little rise. In the second half of 2020, the price of hydrogen peroxide rises mainly in September and October. In October, hydrogen peroxide rises by more than 35%, which is the largest increase at present. In November, the market of hydrogen peroxide has been falling for half a month, with a drop of more than 11%.
Hydrogen peroxide stops falling and recovers
This week, the terminal caprolactam market oscillation rose, mainly due to the raw material pure benzene rise, the cost is favorable support, the supply of goods is relatively tight, good increase, caprolactam price rose 1.69%. Under the support of caprolactam market, hydrogen peroxide ended the continuous decline of the market, the market recovered, and the price rose steadily.
In terms of terminal paper, after the end of the first week of November, manufacturers have adjusted the price of corrugated base paper. Nine dragon paper’s Dongguan, Taicang, Tianjin, Chongqing and other bases have increased by 30-100 yuan / ton, and the corrugated base paper price has increased by more than 2%. The rise in the paper market has brought confidence to hydrogen peroxide manufacturers. In addition, hydrogen peroxide has dropped by more than 11% before. Therefore, the terminal market is heating up and manufacturers are eager to try. The hydrogen peroxide market has a rising trend.
Li Bing, hydrogen peroxide analyst of business agency, believes that: the prices of terminal paper industry and caprolactam have risen one after another, and the rigid demand supports the future market of hydrogen peroxide is expected to usher in rising sentiment.
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