According to the monitoring data of business news agency, since 2021, hydrogen peroxide has started to plunge from the high of 1400 yuan / ton. Hydrogen peroxide, which has fallen for two and a half months in a row, finally ushered in a counter attack on March 15, returning to the 1000 yuan mark, and the daily price has risen by more than 10%. Although there is still some distance from the high level at the beginning of the year, it has restored confidence in the depressed market of hydrogen peroxide.
According to the weekly rise and fall chart of hydrogen peroxide from December 2020 to March 15, 2021, hydrogen peroxide has dropped for two and a half months in a row in 2021. The weekly decline of hydrogen peroxide in February has gradually expanded. Except for the Spring Festival holiday, hydrogen peroxide has no quotation, it has dropped for three weeks in a row, with the largest weekly decline of more than 11%. The performance of hydrogen peroxide in the first week of March was not good. In the week of March 8, hydrogen peroxide had risen. On March 15, hydrogen peroxide rose by more than 10% in a single day.
Multiple positive factors support hydrogen peroxide Market
In the first quarter of 2021, hydrogen peroxide has dropped for more than two consecutive months, with a drop of 35%. Starting from the second week of March, hydrogen peroxide completely got rid of the downturn that lasted for more than two months. The main positive factors were the sharp rise of terminal paper and caprolactam market, the increase of rigid demand for purchasing, and the shutdown of hydrogen peroxide manufacturer Anhui Quansheng for maintenance in the week of March 11, resulting in the decrease of supply. On the 12th, the factory collectively raised the ex factory price of hydrogen peroxide, which ushered in the rising trend of hydrogen peroxide. On the 15th, the market of hydrogen peroxide rose sharply, with the price breaking through the 1000 yuan mark, with a daily increase of more than 10%.
On March 15, Luxi Chemical hydrogen peroxide quoted 960 yuan / ton, up 40 yuan / ton; Hebei Zhengyuan hydrogen peroxide quoted 1050 yuan / ton, up 150 yuan / ton; Anhui Quansheng chemical hydrogen peroxide quoted 1150 yuan / ton, up 50 yuan / ton; Shandong Huatai paper quoted 1100 yuan / ton, up 100 yuan / ton.
Although hydrogen peroxide has dropped sharply for two and a half months, the market of terminal papermaking and caprolactam is relatively good, and both paper and caprolactam are on the rise after 2021. Supported by the terminal market, hydrogen peroxide finally ushered in the rising market in the middle of March.
Paper: because nine dragon many bases before the festival issued after the Spring Festival price rise notice, after the festival paper mills have followed the price rise. However, due to the impact of public health events in northern China, the production was stopped ahead of schedule. With the stabilization of post Festival health events, the downstream paper mills started to work actively, so the demand for raw paper began to rise. With the rising raw material prices and strong demand, the price of corrugated paper rose sharply. Although the paper market had a correction in mid March, it was still at a high level. On March 15, the price of corrugated paper increased by more than 10.04% compared with the beginning of January.
Caprolactam: after the Spring Festival, the external market, the United States extremely cold weather, crude oil, chemical refineries shut down, resulting in a sharp rise in pure benzene. Caprolactam was supported by the sharp rise of raw material pure benzene, and its operating rate was general. The terminal PA6 chip manufacturers started one after another, the demand increased, the market ushered in a rising channel, and the price continued to rise. On March 15, the price of caprolactam rose by 28.64% compared with the beginning of January. As of March 15, the price of caprolactam had increased by 27.58% compared with the beginning of January.
Li Bing, hydrogen peroxide analyst of business news agency, thinks: the terminal is supported by rigid demand, and the supply is tight. The future market of hydrogen peroxide will still be high.
| Thiourea |