Hydrogen Peroxide Price Trend Analysis: Q4 2024
In the last quarter of 2024, FOB Busan (Industrial Grade (50%)), Hydrogen Peroxide prices eased slightly to $358/MT, a decline of 0.74% from Q3. Price stabilization was driven by enhanced market supply as producers levelled down their output capacities to cope with previous spikes in demand.
Furthermore, slower global trade flows, coupled with improved inventory control by major consumers, helped even out supply and demand, checking extreme price volatilities. However, consistent demand from the electronics and healthcare sectors helped sustain market stability, preventing further declines.
Hydrogen Peroxide Price Trend Analysis: Q3 2024
During Q3 2024, a small upward trend was experienced by Hydrogen Peroxide market, with FOB Busan (Industrial Grade (50%)) prices increasing to $361/MT, a 1.31% rise from Q2. Consistent demand from the pulp & paper and textile sectors, which are major consumers of Hydrogen Peroxide for bleaching and disinfection was the primary reason for the price increase.
In addition, an increase in industrial production throughout Asia, combined with supply chain bottlenecks like shipping congestion and increasing freight rates, helped support supply chain constraints, further propelling prices. Even with stable production levels, demand from major end-user markets-maintained market conditions tight during this time.
Hydrogen Peroxide Price Trend Analysis: Q2 2024
Entering the second quarter of 2024, Hydrogen Peroxide prices in FOB Busan (Industrial Grade (50%)) fell to $356/MT, a decline of another 6.23% from Q1. The ongoing price decline can be attributed to numerous reasons such as continued surplus supply in the market and decreased production levels in some segments.
The absence of any meaningful recovery in demand, especially in industrial usage, exacerbates the scenario further. In India and Thailand, the market was relatively stable, but generally, the FOB Busan bearish trend dominated regional stability, impacting pricing dynamics across the APAC region.
Hydrogen Peroxide Price Trend Analysis: Q1 2024
During Q1 2024, the world Hydrogen Peroxide market witnessed a downward momentum, especially in FOB Busan (Industrial Grade (50%)), where the price was at $380/MT. This went down by -2.73% from the last quarter. The decline was mainly due to decreased demand from major industries, such as pulp and paper, and cleaning agents, which are major buyers of Hydrogen Peroxide.
In addition, increased Southeast Asian production capacity helped bring about the surfeit supply situation, further placing downward pressure on prices. Thailand and India, meanwhile, presented comparatively stable demand, but general APAC market conditions were biased towards bearish sentiments.