According to the data monitoring of business news agency, in 2020, the price of hydrogen peroxide will drop first and then rise, showing a bottoming rebound, and the whole year’s price will rise by 28.61%. After a slight rise in January, the price of hydrogen peroxide has been falling for four months. The price of hydrogen peroxide once dropped to 750 yuan, a new low in three years, with the biggest drop of more than 30%. Since June, the hydrogen peroxide market has made full efforts to get rid of the downturn and usher in the rising trend. The price of hydrogen peroxide has increased by more than 80% in seven months.

 

According to the annual comparison chart of hydrogen peroxide from 2018 to 2020, the hydrogen peroxide Market in 2018 kept falling, from 1900 yuan to 1400 yuan / ton, a drop of more than 55%. In 2019, the hydrogen peroxide market rose sharply, and the overall oscillation rose, from 860 yuan to 1106 yuan / ton, and the price rose by 28.68%. By 2020, the overall trend of hydrogen peroxide market will be better than that in 2018 and 2019. In 2020, the hydrogen peroxide market will fluctuate and rise as a whole, from 1100 yuan / ton to 1400 yuan / ton, up more than 300 yuan.

 

According to the monthly K-bar chart from January to November in 2020, the month of hydrogen peroxide decline is more, and the month of hydrogen peroxide rise is only four months. Although the number of rising months is small, the increase is large. In June and October, hydrogen peroxide rose by more than 30%, and in September, hydrogen peroxide rose by more than 15%. Therefore, in 2020, as a whole, the price of hydrogen peroxide still shows an upward trend, with an overall increase of nearly 30%.

 

In 2020, the main factors affecting the price of hydrogen peroxide are: the increase of logistics cost, the centralized maintenance of manufacturers, the shortage of supply, the help of e-commerce, and the pull of terminal paper and caprolactam stock market. Bad factors: export volume orders decline, terminal papermaking, caprolactam industry recession.

 

The market analysis from January to December 2020 is as follows:

 

In January and the beginning of this month, the price of caprolactam in hydrogen peroxide terminal continued to rise. In addition, some hydrogen peroxide manufacturers shut down and the market was in short supply. The price exceeded 1300 yuan / ton, an increase of more than 5%. On the eve of the Spring Festival, the manufacturers cleared their stocks and sharply reduced the ex factory price of hydrogen peroxide by more than 6%. At the end of the month, after clearing the inventory, the price of hydrogen peroxide returned to a high level. January as a whole rose 0.9%.

 

In February, after the Spring Festival, logistics and transportation were blocked, and it was difficult for terminal caprolactam manufacturers and paper industry to purchase hydrogen peroxide. The turnover of hydrogen peroxide market was limited. Some manufacturers sharply reduced the price of hydrogen peroxide, and the price dropped from 1100 yuan / ton to 910 yuan / ton. February overall down 18.21%

 

In March, the quotation of hydrogen peroxide enterprises resumed one after another, and the market dropped sharply. In the middle of the month, the quotation of hydrogen peroxide enterprises increased by 50-100 yuan / ton due to the increase of terminal procurement demand. After the market soared, due to the terminal market decline, demand fell, near the end of the month, hydrogen peroxide prices fell steadily. The overall decline in March was more than 1%.

 

In April, the operating rate of domestic hydrogen peroxide enterprises increased and the supply was loose, while the terminal papermaking and printing industries were in recession, manufacturers were cautious in purchasing, and the demand was low. In addition, the export order volume decreased, and the market oversupply, the hydrogen peroxide price continued to decline sharply, and the mainstream quotation fell to 760-800 yuan / ton. In April, hydrogen peroxide declined by 11.81%.

 

In May, the export volume of hydrogen peroxide downstream products decreased, the terminal demand was low, and the price continued to fall, down 5.86%. Starting from the 18th, hydrogen peroxide rose by 7.11% driven by caprolactam. At the end of the month, the terminal demand was still weak, and the rise of hydrogen peroxide ushered in a decline. In May, hydrogen peroxide declined by 2.51%.

 

In June, the purchase orders of terminal caprolactam manufacturers and thiourea dioxide customers increased, Chenming Paper and Cangzhou Xuyang purchased one after another, and the demand for terminal rigidity increased. Hydrogen peroxide manufacturers concentrated parking maintenance, supply shortage, hydrogen peroxide market soared. In June, hydrogen peroxide rose by 32.19%.

 

In July, the operating rate of hydrogen peroxide enterprises increased, the terminal caprolactam market was depressed, and the paper industry, after the completion of centralized stock. The price of hydrogen peroxide also opened a downward channel, and the price continued to fall, with the average market price falling below 950 yuan / ton. In July, hydrogen peroxide decreased by 8.97%.

 

In August, the stock market of terminal caprolactam manufacturers and paper industry ended, the enthusiasm for purchasing hydrogen peroxide gradually declined, and the purchase volume decreased, opening a sharp decline in the market. The lowest mainstream price fell to 900 yuan / ton. In August, hydrogen peroxide declined by 2.11%.

 

In September, the traditional consumption peak season of hydrogen peroxide is coming. With the increase of terminal demand, the hydrogen peroxide Market is getting warmer. The price has been rising. In the first week, the price has risen by more than 7%, and the hydrogen peroxide market continues to soar. In September, hydrogen peroxide rose by 15.83%.

 

In October, after the national day, the terminal caprolactam rose sharply. Awesome market, hydrogen peroxide manufacturers welcome a wave of overhaul at the end of the month, tight supply, double eleven paper business electricity supplier stock market support hydrogen peroxide continues to skyrocket, Kim Gu, hydrogen peroxide ushered in silver ten. In October, hydrogen peroxide rose by 35.09%.

 

In November, in terms of terminal paper industry, the stock market of paper mills ended, the demand for purchasing hydrogen peroxide weakened, and the price continued to drop sharply. By 11.49%, hydrogen peroxide Market showed signs of recovery at the end of the month. In November, hydrogen peroxide declined by 9.66%.

 

In December, due to the large decline of hydrogen peroxide Market in the early stage, the price was at a low level, the manufacturers had a strong price support psychology, the terminal caprolactam market rose sharply, and the cost support, hydrogen peroxide returned to the rising trend. As of December 25, the price of hydrogen peroxide rose by 8.65%.

 

Future prospects

 

According to the hydrogen peroxide analysts of business news agency, although hydrogen peroxide continues to fall in the first half of 2020, it will continue to rise in the second half of 2020 with the support of more profits, and the price will return to 1400 yuan, which is obviously better than the sharp rise and fall in 2019.

In December 2020, hydrogen peroxide has shown a rising trend. With the approach of new year’s day and Spring Festival, some hydrogen peroxide enterprises will stop for maintenance and the supply is becoming tight. In the first quarter of 2021, hydrogen peroxide is still expected to continue to rise, and in the second quarter, it may continue to decline. In the third quarter and the fourth quarter, the traditional consumption of hydrogen peroxide is booming, and the rising trend is still expected. In 2021, hydrogen peroxide may return to 1600 yuan / ton.

Thiourea

1、 Acrylic acid price trend

 

(Figure: P value curve of acrylic acid products)

 

2、 Market analysis

 

Recently, the market of acrylic acid has been running smoothly. According to the data of business club’s bulk list, the average price of acrylic acid quoted in East China as of December 23 was 9833.33 yuan / ton, which was flat compared with last Thursday (December 17), increased by 11.74% compared with November 23, and increased by 5.36% on a three-month cycle. Recently, the price of raw material propylene is high and the cost is under pressure. Under the stable offer of production enterprises, the downstream is mainly purchased on demand, the market inquiry and transaction performance are general, and the cautious wait-and-see mood is strong.

 

According to the data monitoring of the business association, the acrylic acid prices of some enterprises in the near future (for reference only, the actual transaction price is mainly through negotiation)

 

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 8200 yuan / T, line standard: ordinary acid; grade: superior product: December 23, 2020

Jinan aochen Chemical Co., Ltd. 8000 yuan / T, line standard: common acid; grade: superior product: December 21, 2020

Jinan aochen Chemical Co., Ltd. is 9800 yuan / T refined acid with 99.7% content on December 21, 2020

Jinan Mingyu Chemical Co., Ltd. 8000 yuan / T, line standard: common acid; grade: superior product: December 17, 2020

Upstream propylene, on December 22, the market price of propylene in Shandong increased individually. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / T from the 3rd to 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some enterprises’ prices fell slightly. On the 11th, the price began to decline twice, and on the 14th, it had declined 200-250 yuan / T. on the 15th, the price was mainly stable, and on the 15th, the price was mainly stable Don’t go up, the price rose by 50 yuan / ton on the 21st, and it is mainly stable again today. The market transaction is between 7900 yuan / ton and 8150 yuan / ton, and the mainstream price is about 7950 yuan / ton. Now the factory stock is not much, pressure is not big, shipping general.

 

3、 Future forecast

 

Acrylic acid analysts from business news agency believe that the recent high price of raw material propylene has strong cost support, downstream enterprises just need to buy, and the market atmosphere is general. It is expected that the acrylic acid market will be stable in the short term, and more attention should be paid to market information guidance.

Thiourea

1、 Price trend

 

According to this week’s news agency, benzene prices fell. On December 13, the price of pure benzene was 4280-4650 yuan / ton (average price was 4556 yuan / ton); on Sunday (December 20), the price of pure benzene was 4170-4600 yuan / ton (average price was 4486 yuan / ton), down 70 yuan / ton or 1.54% compared with last week.

 

2、 Analysis and comment

 

Due to inventory pressure and the weakness of styrene, the price of pure benzene fell this week. However, the overall positive news of benzene and styrene in the lower end of the week weakened. This week, Sinopec’s listed price of pure benzene remained stable at 4600 yuan / ton, which was higher than the local refining price. On Monday, the total inventory of pure benzene in East China port decreased by about 11000 tons compared with last week.

 

In terms of external market, the shortage of pure benzene in Europe and the United States has driven the price of pure benzene in Asia to continue to rise, with a wide gap between domestic and foreign prices, which has a good support for the domestic market. On Friday (December 18), South Korea imported 650.67 US dollars / ton of pure benzene, up 19.34 US dollars / ton, or 3.06% compared with December 11; and that of East China was 633.5 US dollars / ton, up 5.5 US dollars / ton, or 0.88% higher than December 11.

 

In terms of crude oil, crude oil this week showed an overall upward trend. The US economic stimulus plan negotiations are expected to reach an agreement, and the crude oil market is boosted. Compared with December 11, Brent was up $1.94/barrel, or 3.88%; WTI was up $2.49/barrel, or 5.33%. Compared with December 31, 2019, Brent decreased by 22.16%, and WTI decreased by 18.97%.

 

Downstream: styrene: domestic mainstream styrene prices fell first and then rose this week, but still fell 8.93% compared with last Friday. The downstream demand of styrene is weak, and the mainstream downstream is mainly supported by rigid demand, with insufficient buying gas. On Friday (December 18), the price of sample enterprises was 6916.67 yuan / ton, which was 633.33 yuan / ton, or 8.39% lower than last Friday, and the price was 6.95% lower than that of the same period last year.

 

Aniline: aniline Market is relatively quiet this week, digest the increase of last week. At present, the supply and demand of aniline is stable, Huatai and Jinling are running with reduced load. In the later stage, the maintenance plan and operation load of the unit are concerned. On December 20, the price of aniline in Shandong was about 7700 yuan / ton, while that in Nanjing was 7900-8000 yuan / ton.

 

3、 Future forecast

 

In terms of crude oil, China’s economic recovery is good, and the news of vaccine and US economic stimulus plan is favorable, supporting the market. It is expected that the oil price will be stronger next week. In the later stage, we will continue to pay attention to the vaccine and the new progress of the US economic stimulus plan, as well as the impact of the gradual increase of OPEC + production.

 

Downstream: pay attention to the change of demand side for plant restart, and pay attention to the arrival of imported ships in the later stage. In December, new production capacity is expected to enter the downstream, and the demand for pure benzene may increase. The listed price of Sinopec is higher than that of local refining, and the market is waiting for its price guidance. Next week, near the end of the month, focus on the next month’s contract price negotiations. It is expected that benzene will recover slightly next week.

Thiourea

According to the monitoring of the business agency, the price of activated carbon was 9900 yuan / ton at the beginning of this week and 10000 yuan / ton at the end of this week, with the price rising by 1.01%.

 

The price of activated carbon in China has increased slightly. At present, the ex factory price of activated carbon for coconut shell water purification in East China is between 9500-12500 yuan / ton; the active carbon market is active, and the delivery is normal, and the transaction price is mainly through negotiation (the specifications and properties of activated carbon are complex, and the price can not be generalized. Please consult the manufacturer for details).

 

Activated carbon is rich in raw materials, including coal, sawdust, fruit shell, straw, etc. through a series of processes, activated carbon suitable for water treatment is prepared. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity, which can effectively adsorb and purify wastewater.

 

Forecast: the downstream delivery of activated carbon is speeding up, and the market atmosphere is active. It is expected that the short-term active carbon market will be dominated by stable and weak trend.

Thiourea

The same as last week’s market, prices continue to stabilize this week. At present, the mainstream prices in East China are 7500 yuan / ton, 7650 yuan / ton in North China, 7500 yuan / ton in South China, 7700 yuan / ton in Central China, and 7450-7550 yuan / ton in Northeast China.

 

External data showed that the CFR Northeast Asian price of ethylene reached $990.00/ton yesterday (17th). With the high price of raw materials, the cost load of ethylene oxide has increased greatly, and the enterprises are operating under pressure. Some enterprises have reduced their production load, and the supply pattern is hard to change. The price of ethylene glycol has a strong trend due to the influence of reducing the storage. It is learned from market participants that the current monomer price has reached about 8700-8900, which is in the off-season of the industry. In addition, due to the severe haze in recent years, many provinces and cities in China have promoted the rectification of environmental protection problems, and logistics transportation is greatly restricted. The bearish prospect of monomer demand may continue to depress ethylene oxide and exert downward pressure.

 

High price of raw materials but low demand, resulting in epoxy resin is difficult to improve at present, the market focus shifted downward.

Thiourea