On October 22, the hydrogen peroxide commodity index was 165.94, unchanged from yesterday, down 23.52% from 216.98 (2017-12-24), the highest point in the cycle, and up 131.31% from 71.74, the lowest point on August 3, 2016. (Note: cycle refers to 2011-09-01 to now)

According to the monitoring of the business agency: since October, hydrogen peroxide has ended the downturn in September, rebounded to the bottom and ushered in a sustained and soaring market. From the end of the holiday, it has been singing all the way. As of October 23, the average price of 27.5% hydrogen peroxide is 1526 yuan / ton, an increase of 30.48%. Compared with July 25, the price of three-month hydrogen peroxide is more than 50%, showing a soaring market.

quotations analysis

In October, the hydrogen peroxide manufacturers stopped for maintenance one after another, and the manufacturers in Tianjin, Shanxi, Shandong and other places carried out parking maintenance one after another. In the middle of October, Zhengyuan chemical fertilizer plant in Hebei Province was overhauled, and its operation was resumed in early November. September is the traditional peak season of hydrogen peroxide consumption, but the peak season performance is not good. In October, hydrogen peroxide manufacturers stopped for maintenance, the supply was tight, the terminal rigid demand increased, and the manufacturer’s price was very serious. They increased the ex factory price of hydrogen peroxide one after another. The daily price increase of hydrogen peroxide reached 100 yuan / ton. After 20 days of price increase, the average market price broke through 1500 yuan / ton, and some regions rose to 1600-1700. Yuan / ton.

On March 23, hydrogen peroxide Market in various regions continued to run at a high level. The ex factory price of 27.5% hydrogen peroxide in Zhengyuan fertilizer Co., Ltd. in Hebei Province was 1500 yuan / ton, 350 yuan / ton higher than that at the beginning of the month. The price of Anhui Jinhe 27.5% hydrogen peroxide is 1700 yuan / ton, 200 yuan / ton higher than that at the beginning of the month; Anhui Quansheng 27.5% hydrogen peroxide is 1600 yuan / ton, 200 yuan / ton higher than that at the beginning of the month. The price of 27.5% hydrogen peroxide of Luxi Chemical Co., Ltd. in Shandong Province is 1500 yuan / ton, 350 yuan / ton higher than that at the beginning of the month; the price of 27.5% hydrogen peroxide of Haineng is 1580 yuan / ton, 300 yuan / ton higher than that at the beginning of the month; the price of 27.5% hydrogen peroxide of Hangzhou Mingxin is 1600 yuan / ton, 100 yuan / ton higher than that at the beginning of the month.

Industrial chain

Paper: in October, the price increase letter of corrugated base paper in the hydrogen peroxide terminal paper industry was frequently sent, with a general increase of 50-100 yuan / ton. The reasons for the price increase of paper mills are mainly due to environmental factors and the rising cost of waste paper. Driven by the “golden nine silver ten” market atmosphere, the downward trend is relatively good, and the price of corrugated base paper is nearly 4% higher than that at the beginning of October. Paper market support, hydrogen peroxide manufacturers full of confidence, prices continue to go up, rising.

Caprolactam: different from the rise of paper, as the terminal of hydrogen peroxide, the market of caprolactam did not rise as expected, and the rise of hydrogen peroxide could not help it out of the dilemma, but was depressed by the fall of cyclohexanone, the main upstream raw material, and the price performance continued to be poor. In mid October, the price began to fall, and the overall price fell by more than 2%, which to some extent dragged down the hydrogen peroxide Market. After the sharp rise of hydrogen peroxide manufacturers, they gradually stabilized.

Outlook for the future

Hydrogen peroxide analysts of the business club think: after this wave of manufacturers’ parking and maintenance, the performance of the terminal paper industry is OK, and the market of hexanolenediamine is not good. On the whole, the space for hydrogen peroxide surge in the future is limited, and the high-level oscillation is mainly sustained.