Price trend
According to data from SunSirs' "Spot Connect" service, the hydrogen peroxide market experienced a significant price surge in April. Driven by a dual support system—tightening supply and improving demand—prices have officially entered the "four-digit" era. At the beginning of the month, the average market price for hydrogen peroxide stood at 796 RMB/ton; by April 21, this average had risen to 1,033 RMB/ton, marking an increase of 29.71%.
Factors Driving the Current Uptrend in Hydrogen Peroxide Prices
Demand Side: In late April, pre-holiday restocking activity commenced; propylene oxide producers in northern regions maintained continuous purchasing, demonstrating robust absorption capacity. Concurrently, operating rates at caprolactam plants increased, thereby boosting demand for hydrogen peroxide. Downstream sectors—such as papermaking and new energy (specifically lithium iron phosphate)—also engaged in concentrated purchasing, providing strong support to the market.
Inventory and Supply Status: Manufacturers currently hold ample order backlogs, and overall inventory levels continue to decline; in many regions, hydrogen peroxide producers have even resorted to rationing shipments. These low inventory levels provide a solid foundation for price appreciation. Hydrogen peroxide plants in the Shandong, Anhui, and Sichuan regions have shut down for maintenance, while some facilities in the Hangzhou area have implemented production cuts. This has resulted in a temporary tightening of supply, driving a significant surge in hydrogen peroxide market prices.
Market outlook
In summary: By late April, domestic hydrogen peroxide prices had already reached historic highs. Following the May Day holiday, the pre-holiday restocking phase concluded; with supply remaining ample and end-market demand receding, hydrogen peroxide prices subsequently begin to undergo a correction.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.
