Terminal demand picks up, hydrogen peroxide takes off again

In September, the hydrogen peroxide rose by 18.35%, and the market oscillated one after another, and the market fell. After the National Day Double Festival, the market for hydrogen peroxide took off one after another. After mid-October, hydrogen peroxide took off again, and the price rose again on the basis of an 18% rise in September. As of October 16, the average market price of hydrogen peroxide was 1,170 CNY/ton, which was more expensive. At the beginning of the month, it rose more than 26.26%.

According to the monthly fluctuation chart of Hydrogen peroxide from January to September 2020, it can be seen that the price of Hydrogen Peroxide in the first 9 months still fell more and rose less. In February and April, the decline was large, both exceeding 10%. In March, May, and August The monthly decline was relatively small. Prices rose mainly in January, June and September, with the largest increase of over 30% in June. After June, the price of hydrogen peroxide continued in July, with a decline of nearly 9%. In August, the decline slowed and the price fell by about 2%. Jin Jiu struck, the terminal demand was strong in September, and the hydrogen peroxide market soared by over 15%. After the National Day, the hydrogen peroxide once again ushered in the rise, and the Silver is very promising.

On October 16, the hydrogen peroxide and caprolactam commodity price index was 184.41, an increase of 10.88 points from yesterday, a decrease of 1.88% from the highest point during the period of 187.94 points (2019-10-29), and a decrease of 1.88% from the lowest point of 89.85 points on January 29, 2019. An increase of 105.24%. (Note: Period refers to 2019-01-01 to present)

In the first ten days of September, the price of raw material pure benzene rose, and the cost was favorable. The supply of caprolactam decreased, the purchase volume increased, and the price began to rise. In mid-to-late September, some caprolactam enterprises resumed production and their supply increased. Due to oversupply, inventory pressure has increased. The price began to fall. After the National Day, the supply of caprolactam was tight, and the market for caprolactam rose again.

On October 16, the hydrogen peroxide and corrugated commodity price index was 178.23, an increase of 11.66 points from yesterday, a decrease of 27.55% from the cycle high of 246.00 points (2019-10-21), and a decrease of 27.55% from the low of 107.54 points on January 29, 2019 An increase of 65.73%. (Note: Period refers to 2017-01-01 to present)

After the end of the double festival holiday, the base paper market was generally stable, and the paper mills were willing to destock. Due to the fact that most of the raw material waste yellow paperboard prices are in a stable state during the holiday, the previous preferential concessions of paper mills have also been cancelled, and the market may be in a state of narrow rise. As the paper mills resume production after the holidays, there is a need to replenish inventory, and the national e-commerce has officially entered the state of large-scale stocking on Double 11, or will usher in a new round of price increases. To a certain extent, it has increased the confidence of hydrogen peroxide manufacturers.