According to the monitoring data of the business society, after the national day, the hydrogen peroxide market has been in the rising channel, the price has repeatedly reached new highs, and the rising trend has been continuous. As of October 18, the price of hydrogen peroxide has reached 1713 yuan / ton, with a single day increase of more than 30%. Compared with the beginning of October, the increase has been as high as 94.7%.
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After the national day, the hydrogen peroxide market began to rise gradually. In the second week, the mode of sharp rise was started. When the weekly increase was close to 30%, in the third week, the single day increase on Monday was more than 30%. Under the pattern of rising costs and tight supply, hydrogen peroxide continued to rise sharply.
According to the weekly rise and fall chart of hydrogen peroxide of business society from July 26, 2021 to October 17, 2021, it can be seen that the hydrogen peroxide market has been weak and stable since the end of July, with a maximum decline of 2.81%. The overall performance of the market in August and September was sluggish. In mid September, the hydrogen peroxide Market improved, with a maximum weekly increase of 3.15%. After October 11, hydrogen peroxide ushered in a sharp rise, with a continuous rise. In the week of October 11, hydrogen peroxide rose by 29.57%. On October 18, hydrogen peroxide increased by more than 30%.
Multiple positive factors support the continuous rise of hydrogen peroxide Market
After the national day, the steam cost of hydrogen peroxide unit increased due to the rise of coal price. In addition to the terminal caprolactam, the rigid demand support of the paper printing industry, the increase in procurement, and the tight supply of some hydrogen peroxide manufacturers, supported by multiple favorable factors, hydrogen peroxide manufacturers have raised the ex factory price of hydrogen peroxide, and the rise of hydrogen peroxide is amazing.
The increase in the week of October 7 was average. In the week of October 15, hydrogen peroxide kept rising, and the ex factory price was raised for many times, with a daily increase of more than 100 yuan / ton, from 1003 yuan / ton on October 11 to 1300 yuan / ton on October 15, an increase of more than 30%. On October 17, the average price of hydrogen peroxide broke through 1700 yuan / ton, with a single day increase of more than 30%.
On October 17, the quotation of hydrogen peroxide in Luxi, Shandong was 1740 yuan / ton, an increase of 420 yuan / ton in a single day; Hebei Zhengyuan hydrogen peroxide quoted 1600 yuan / ton, with a single day increase of 320 yuan / ton; Quansheng chemical hydrogen peroxide quoted 1800 yuan / ton, an increase of 500 yuan / ton per day.
Affected by dual control factors, both terminal paper and caprolactam showed an upward trend
After the national day, the cost of caprolactam and pure benzene rose. In addition, some enterprises did not resume supply due to the impact of dual control, the supply of goods was tight, and the price continued to run at a high level, up more than 11% compared with September.
Due to the impact of shutdown risk due to soaring prices of various bulk materials and coal shortage, leading paper enterprises have issued price increase letters. With the rising price of waste paper, the production cost has increased significantly, resulting in the continuous rise of corrugated paper price. In the whole half month, the increase was more than 5%, the price of corrugated paper rose sharply, and the demand for purchasing hydrogen peroxide increased, supporting the upward rise of hydrogen peroxide price. Hydrogen peroxide rose by more than 90%, reaching a new record.
Business agency hydrogen peroxide analyst Li Bing believes that: with tight supply and rising costs, the hydrogen peroxide market will still operate at a high level in the short term, and the future correction space is limited.
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