On December 12, the hydrogen peroxide commodity index was 123.19, unchanged from yesterday, down 43.23% from 216.98 (2017-12-24), the highest point in the cycle, and up 71.72% 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: in December, the hydrogen peroxide market continued to decline, and the price continued to be at a new low, falling more than 20% from the beginning of November. As of December 12, the average price of hydrogen peroxide was 1133 yuan / ton, down 22.73% from the beginning of November and 10.05% from the beginning of December.
market analysis
Since November, the terminal hexanolenediamine of hydrogen peroxide has been on the bottom, the price has been falling constantly, the hydrogen peroxide manufacturer has started normal operation, the market supply is surplus, and the power of hydrogen peroxide rising is insufficient. In December, the price still hasn’t improved, and it has fallen for nearly half a month, with a weekly drop of 50-100 yuan / ton, and some average prices have fallen below 1100 yuan / ton. As of December 12, the quotation of hydrogen peroxide in each region is as follows:
| POLYVINYL ALCOHOL FIBER |
Shandong area: Luxi Chemical 27.5% hydrogen peroxide 1080 yuan / ton; the price is 40 yuan / ton lower than the beginning of December; 300 yuan / ton lower than the beginning of November.
Hebei Province: the ex factory price of 27.5% hydrogen peroxide in Zhengyuan fertilizer industry fell to 1120 yuan / ton, 30 yuan / ton lower than that in early December; 180 yuan / ton lower than that in early November.
Anhui Province: the price of 27.5% hydrogen peroxide in Quansheng, Anhui Province is 1200 yuan / ton, 50 yuan / ton lower than that in early December, and 200 yuan / ton lower than that in early November.
Hunan Province: the price of 27.5% hydrogen peroxide in Hunan is 1300 yuan / ton; the price is the same as that in early December; the price is the same as that in early November.
| PVA |
Zhejiang: Hangzhou Mingxin 27.5% hydrogen peroxide quoted 1350 yuan / ton, a decrease of 50 yuan / ton compared with the beginning of December; a decrease of 200 yuan / ton compared with the beginning of November.
Industry chain: the price of caprolactam at the hydrogen peroxide terminal was dragged down by the decline of cyclohexanone, and the price continued to fall. In addition, the purchase demand of PA6 manufacturers at the caprolactam terminal was general. The price of caprolactam fell nearly 8% from November to December 12. Hydrogen peroxide itself is a kind of rising and falling product. When the demand is low, the lowest price is about 800 yuan / ton. The performance of caprolactam is poor, the decline of hydrogen peroxide is expanding, the price continues to fall deeply, the decline is far more than that of caprolactam, which has fallen together with hydrogen peroxide.
Outlook for the future
The hydrogen peroxide analyst of the business club thinks: at present, the price of hydrogen peroxide is still around 1100-1200 yuan / ton, and there is still a distance from the lowest 800 yuan / ton. In the off-season of demand, the space for hydrogen peroxide to rise is limited, or it will continue to fall, and the road to the bottom will continue.
| POLYVINYL ALCOHOL |