Terminal demand increases, hydrogen peroxide market turns warm

According to the monitoring data of the business agency, the hydrogen peroxide market began to improve in December after the sharp drop in November, and the price rebounded after hitting the bottom. As of December 8, the average price of hydrogen peroxide market was 1333 yuan / ton, which was 1.78% higher than that in early December.

 

Benzalkonium chloride

According to the monthly rise and fall chart of hydrogen peroxide from January to November in 2020, it can be seen that the price of hydrogen peroxide in the first 11 months is still falling more or less, with a large drop in February, April and November, with a maximum of more than 18% in February and a decrease of nearly 10% in November. The decline in March, may and August was relatively small. Prices rose mainly in January and June, September and October, with the largest increase of more than 30% in June.

 

In November, hydrogen peroxide finished the gold, silver and ten market and ushered in a sharp drop. In December, hydrogen peroxide stopped falling and recovered. As of December 8, hydrogen peroxide rose by nearly 2%.

 

Terminal demand increases, hydrogen peroxide Market stops falling and recovers

 

As the hydrogen peroxide market dropped by nearly 10% in November, the terminal caprolactam market rose in December. The enthusiasm for purchasing hydrogen peroxide increased, and the inventory of hydrogen peroxide manufacturers was at a low level. In addition, due to the large drop of hydrogen peroxide in November, the manufacturers were more concerned about supporting the price. The price of hydrogen peroxide began to pick up, and the situation continued to rise. As of December 8, the average price of hydrogen peroxide Market broke through 1300 yuan, and the price rose by 1.7% 8%。 The mainstream quotation in Hebei Province is 1350 yuan / ton, and the price is increased by 50 yuan / ton; the mainstream quotation in Anhui Province is 1370 yuan / ton, and the price is increased by 40 yuan / ton; the mainstream quotation in Shandong Province is 1280 yuan / ton, and the price is increased by 30 yuan / ton.

 

On December 8, the commodity price index of hydrogen peroxide and caprolactam was 177.65, which was 3.97 points lower than yesterday, 18.93% lower than 219.12 points (October 27, 2020), and 97.72% higher than 89.85 points, the lowest point on January 29, 2019. (Note: cycle refers to the period from January 1, 2019 to the present)

 

Since December, the cost side of the supply side is double positive, the domestic caprolactam price is rising, and the caprolactam operating rate is still not high, Shandong Haili, which has been shut down for maintenance in the early stage, has not been restarted. The end time of orchid scientific innovation maintenance plan is not clear, and the pattern of tight supply remains unchanged. In addition, the operating rate of downstream PA6 is still acceptable, and caprolactam continues to be supported by the supply side. Large domestic caprolactam factories generally increased the ex factory price, the price rose by more than 2%. The market of terminal caprolactam rose sharply and the demand for hydrogen peroxide increased, which boosted the market of hydrogen peroxide.

 

Li Bing, hydrogen peroxide analyst of business agency, believes that: hydrogen peroxide in December ended the sharp drop in November and ushered in rising sentiment. With the support of terminal demand, there is still room for hydrogen peroxide Market to rise in the future.

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