Hydrogen Peroxide Price Trend and Forecast

Regional Market Overview

Get the latest insights on price movement and trend analysis of Hydrogen Peroxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

For the First Half of 2022

Asia

Given the Lunar New Year celebrations and Winter Olympics, industrial production was temporarily halted, impacting market inventories. The supply constraints, coupled with the strong demand from paper and pulp industries, drove the prices. The price of hydrogen peroxide averaged 615 USD/MT in the said period. With the resurgence of covid-19 in the market, the demand for disinfectants soared. However, after the upliftment of covid-19 shutdowns, industrial production improved, leading to stockpiling inventories, thereby causing the prices to decline.

Europe

Owing to surging crude oil and natural gas prices, the price of feedstock benzene and anthraquinone increased. These higher values, coupled with difficulty in sourcing, caused the prices to inflate, averaging 537 USD/MT. However, the inflationary pricing heavily influenced the market sentiments and triggered the cautious wait-and-see attitude of buyers reducing the market offtakes, thereby crashing the prices.

North America

The price trends in US domestic market closely mimicked its European counterpart. The mismatch in the market dynamics coupled with interest hikes by the central bank owing to the looming speculations of a global recession negatively impacted the hydrogen peroxide prices. Towards the end of said period, hydrogen peroxide prices fell as the upstream cost pressure relaxed.

Analyst Insight

According to Procurement Resource, hydrogen peroxide prices will further crash in their respective markets. With new supplies entering the market, the upstream cost pressure on anthraquinone will relax. The current market scenario is grim, given the baulking of buyers and decreased demand amid the rumoured speculations of recession.

Naphtha Price Trend for the First Quarter of 2022

In the first week of January 2022, hydrogen peroxide prices began to rise, and the market began to pick up one by one. The average price of the chemical in the first week was 780 RMB/MT representing a 1.74% increase.  Beginning in the second week, the market remained stable, with the mainstream price at 816 RMB/MT.

The demand in the terminal paper and printing industries was widespread, the price of hydrogen peroxide was stable. However, the amount of hydrogen peroxide purchased by the terminal paper and printing industries decreased after the middle of the month, and demand remained flat. 

Food grade hydrogen peroxide, when used in small amount, is safe to be used on food products. However, higher concentrations of the chemical can be toxic, if inhaled or ingested.

Procurement Resource provides latest prices of Hydrogen Peroxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.