For the Quarter Ending December 2025
North America
鈥� In the USA, the Hydrogen Peroxide Price Index rose by 5.62% quarter-over-quarter, driven by exports.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 920.67/MT and reflects balanced demand.
鈥� Hydrogen Peroxide Spot Price tightened on limited merchant tonnes, supporting the regional Price Index firmly.
鈥� Hydrogen Peroxide Production Cost Trend remained muted due to inexpensive natural-gas-derived hydrogen and stable electricity.
鈥� Hydrogen Peroxide Demand Outlook is positive as pulp, wastewater remediation and HPPO sustain robust consumption.
鈥� Hydrogen Peroxide Price Forecast signals mild firmness, supported by seasonal restocking and moderate export flows.
鈥� Hydrogen Peroxide Price Index showed range-bound behaviour as high run-rates and comfortable inventories limited volatility.
鈥� Major U.S. producers ran at high utilisation, constraining merchant supply and reducing import arbitrage opportunities.
Why did the price of Hydrogen Peroxide change in December 2025 in North America?
鈥� Balanced domestic production and uninterrupted feedstock availability sustained supply, tempering larger price increases despite stronger demand.
鈥� Elevated export flows to Canada and Mexico tightened merchant availability, supporting FOB quotations amid limited import arbitrage.
鈥� Stable energy and freight costs restrained production-driven inflation, while inventories and logistics efficiency capped upside potential.
APAC
鈥� In Japan, the Hydrogen Peroxide Price Index rose 15.79% quarter-over-quarter, driven by pulp and semiconductor demand.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 457.00/MT, CFR Tokyo trade-weighted.
鈥� Hydrogen Peroxide Spot Price tightened as Price Index reflected constrained cargo availability and defended offers.
鈥� Hydrogen Peroxide Production Cost Trend rose modestly due to higher hydrogen and oxygen feedstock expenses.
鈥� Hydrogen Peroxide Demand Outlook remains firm as pulp bleaching and semiconductor wafer cleaning sustain procurement.
鈥� Hydrogen Peroxide Price Forecast suggests modest volatility, with inventories and regional imports limiting sharp upside.
鈥� Hydrogen Peroxide Price Index faced pressure from competitive export offers and easing freight reducing parity.
鈥� Domestic plant utilisation limited spot volumes, while terminal inventories remained ample, tempering seller pricing power.
Why did the price of Hydrogen Peroxide change in December 2025 in APAC?
鈥� Competitive export offers and ample import volumes pressured landed costs, reducing replacement values for buyers.
鈥� Appreciating yen and lower freight rates eased import parity, offsetting domestic energy-driven production cost pressures.
鈥� Distributor destocking and cautious semiconductor purchasing reduced spot demand, while inventories at terminals remained elevated.
Europe
鈥� In France, the Hydrogen Peroxide Price Index rose by 0.12% quarter-over-quarter, reflecting stable supply conditions.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 544.33/MT, FD Marseille deliveries
鈥� Hydrogen Peroxide Spot Price remained range-bound while the Price Index reflected volatility and steady imports
鈥� Hydrogen Peroxide Price Forecast indicates limited near-term movement, supported by steady Demand Outlook across sectors
鈥� Hydrogen Peroxide Production Cost Trend remained muted, with energy and feedstocks limiting the Price Index
鈥� Hydrogen Peroxide Demand Outlook stayed balanced with steady industrial consumption, restricting Spot Price upside pressure
鈥� Inventory buffers at coastal terminals remained moderate, supporting supply and capping upside in Price Index
鈥� Major producers operated at strong utilization, sustaining exports and keeping Hydrogen Peroxide Spot Price subdued
Why did the price of Hydrogen Peroxide change in December 2025 in Europe?
鈥� Balanced imports from Benelux and stable domestic operations maintained ample supply, preventing December price increases
鈥� Subdued energy and feedstock costs reduced production inflationary pressure, contributing to downward December pricing influence
鈥� Port operations and inventories minimised logistics premiums, keeping spot offers competitive across French FD markets
For the Quarter Ending September 2025
North America
鈥� In the USA, the Hydrogen Peroxide Price Index fell by 1.05% quarter-over-quarter, reflecting balanced demand.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 819.33/MT across FOB assessments.
鈥� Hydrogen Peroxide Spot Price showed limited swings while the Hydrogen Peroxide Price Index remained neutral.
鈥� Hydrogen Peroxide Production Cost Trend eased earlier, but recent natural gas upticks modestly tightened margins.
鈥� Hydrogen Peroxide Demand Outlook is mixed; pulp and semiconductor demand firm, while textiles remain subdued.
鈥� Hydrogen Peroxide Price Forecast indicates modest upside from regulatory approvals and seasonal pulp demand ahead.
鈥� Inventories held typical cover while export enquiries and CHIPS-driven semiconductor purchases intermittently tightened spot availability.
鈥� Major producers ran steady without outages, keeping the Hydrogen Peroxide Price Index largely anchored domestically.
Why did the price of Hydrogen Peroxide change in September 2025 in North America?
鈥� Intermittent production slowdowns and maintenance tightened regional supply, briefly elevating spot availability pressure in September.
鈥� Rising natural gas and trucking costs increased production expenses, lifting cash-cost curves and pressuring prices.
鈥� Balanced inventories, steady pulp and semiconductor demand, and regulatory approvals shifted patterns, moderating price moves.
APAC
鈥� In Japan, the Hydrogen Peroxide Price Index fell by 0.50% quarter-over-quarter, reflecting mild downward pressure.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 394.67/MT, reflecting cautious procurement.
鈥� Balanced imports and local maintenance swings pushed Hydrogen Peroxide Spot Price volatility despite steady inventories.
鈥� Consensus seasonal factors and maintenance inform the Hydrogen Peroxide Price Forecast suggesting modest near-term firmness.
鈥� Rising LNG and electricity inputs affected Hydrogen Peroxide Production Cost Trend, producers absorbed increased expenses.
鈥� Q3 bleaching season and semiconductor cleaning sustained orders, supporting the Hydrogen Peroxide Demand Outlook regionally.
鈥� Export flows and inventory cover tightened, keeping the Hydrogen Peroxide Price Index sensitive to outages.
鈥� Major suppliers maintained operations while Japan's import dependence limited price appreciation despite firmer downstream offtake.
Why did the price of Hydrogen Peroxide change in September 2025 in APAC?
鈥� Plant maintenance curtailed domestic output while bleaching demand increased import dependence and tightened available supply.
鈥� Easing upstream costs and stable logistics allowed sellers meet orders, tempering upward pressure on imports.
鈥� Steady semiconductor and pulp consumption with adequate port inventories resulted in modest quarterly price movement.
Europe
鈥� In France, the Hydrogen Peroxide Price Index fell by 4.0% quarter-over-quarter reflecting weak pulp demand.
鈥� The average Hydrogen Peroxide price for the quarter was approximately USD 543.67/MT with subdued demand.
鈥� Hydrogen Peroxide Spot Price showed rangebound moves while the Price Index signalled mild bearish momentum.
鈥� Hydrogen Peroxide Price Forecast indicates modest volatility from seasonal pulp demand shifts and logistic disruptions.
鈥� Hydrogen Peroxide Production Cost Trend eased as lower natural gas prices moderated energy inputs regionally.
鈥� Hydrogen Peroxide Demand Outlook weak in paper and textiles despite pockets of Mediterranean export strength.
鈥� Hydrogen Peroxide Price Index pressures persisted from ample inventories and limited export opportunities, tempering confidence.
鈥� Major French producers operated normally with stable output and uninterrupted feedstock flows supporting market equilibrium.
Why did the price of Hydrogen Peroxide change in September 2025 in Europe?
鈥� Persistent oversupply from imports and comfortable inventories pressured domestic pricing despite steady manufacturing output levels.
鈥� Lower natural gas costs reduced production expenses, easing cost-push inflation for producers and limiting upward price moves.
鈥� Logistical delays and regional trade uncertainty constrained export demand and encouraged cautious procurement by downstream buyers.
For the Quarter Ending June 2025
North America聽
鈥� The Hydrogen Peroxide Price Index in North America rose by +2.5% on a quarter-on-quarter basis during Q2 2025 settling at USD 1091/MT FOB Illinois, signalling mild upward momentum in a largely supply-constrained market.
鈥� In July 2025, Hydrogen Peroxide Spot Price saw a modest increase primarily due to localized supply disruptions stemming from planned maintenance and intermittent production slowdowns at select Midwestern plants.
鈥� The Hydrogen Peroxide Production Cost Trend remained elevated, influenced by rising natural gas prices, which pushed up energy costs and discouraged full-capacity output, despite relatively stable raw material availability.
鈥� Demand from downstream industries such as pulp & paper and specialty chemicals was steady, although the overall Hydrogen Peroxide Demand Outlook remained cautious due to macroeconomic uncertainty and limited growth from the textile and electronics sectors.
鈥� Despite stable inventories, tight regional supply tipped the market slightly upward in July, reflecting a narrowly balanced market with constrained upside unless broader demand improves.
鈥� Looking ahead, the Hydrogen Peroxide Forecast indicates a stable to slightly bullish sentiment, with pricing expected to remain firm amid constrained supply and tepid demand recovery.
础笔础颁听
鈥� The Hydrogen Peroxide Price Index in China declined by -13.5% quarter-on-quarter in Q2 2025, dropped to USD 582/MT Spot Ex-Shanghai reflecting a weak market sentiment driven by persistent oversupply and cautious downstream procurement.
鈥� In July 2025, Hydrogen Peroxide Spot Price remained largely stable at USD 582/MT Ex-Shanghai, with only marginal fluctuations, due to balanced supply-demand fundamentals and limited transaction activity.
鈥� On the supply side, the Hydrogen Peroxide Production Cost Trend remained under control, with producers resuming operations after earlier maintenance shutdowns, thereby normalizing output levels, and easing upward pressure.
鈥� The Hydrogen Peroxide Demand Outlook showed slight improvement in July, supported by recovery in paper production after the Dragon Boat Festival and a moderate seasonal uptick in textile processing and exports, but cautious inventory management limited major gains.
鈥� Export performance in the textile segment improved in May and June, but high inventories and price-sensitive buying behaviour kept demand growth measured and inconsistent across regions.
鈥� The Hydrogen Peroxide Forecast for China points to a cautiously optimistic trajectory, with prices expected to hold steady or rise slightly if supply tightness returns or seasonal demand strengthens.
贰耻谤辞辫别听
鈥� The Hydrogen Peroxide Price Index in Germany increased by +12.3% quarter-on-quarter in Q2 2025, underpinned by higher production costs, logistical bottlenecks, and firm demand from the paper and textile sectors.
鈥� In July 2025, prices remained stable at USD 460/MT FOB Hamburg, despite lingering port congestion and elevated natural gas costs, suggesting a well-supplied market with efficient inventory management by manufacturers.
鈥� The Hydrogen Peroxide Production Cost Trend in Germany remained upward-biased due to higher energy costs and logistical constraints around Hamburg port, which challenged distribution but were mitigated through alternate delivery routes.
鈥� The Hydrogen Peroxide Demand Outlook stayed resilient, especially from textile finishing and bleaching, as well as paper mills, which continued operations at stable rates despite tariff-related uncertainty and competition from low-cost imports.
鈥� With steady industrial activity and no major supply shocks in July, the market maintained a cautious equilibrium, although risks from geopolitical and regulatory uncertainties persist.
鈥� The Hydrogen Peroxide Forecast for Europe remains balanced, with stable pricing expected in the near term, contingent on energy market stability and continued downstream consumption.
For the Quarter Ending March 2025
North America聽
In Q1 2025, the North American hydrogen peroxide market saw a notable upward trend, with prices rising by 3-5% across the quarter, driven by sustained energy costs and supply chain disruptions.聽
January prices were impacted by severe weather, rising natural gas prices, and supply constraints, which led to a bullish market sentiment despite steady demand. February saw a continuous upward pressure on prices, with costs rising due to ongoing energy price hikes and limited production capacity. While the paper and pulp industry faced demand uncertainty due to regulatory concerns, the textile sector showed a recovery, supporting price increases.聽
By March, prices remained stable due to balanced supply and demand, with consistent consumption from key industries like pulp & paper and textiles. Overall, while demand from key sectors like paper and textiles fluctuated, the increase in production costs and logistical challenges pushed prices higher throughout the quarter.
In comparison to Q4 2024, when prices declined by 1.4% due to weak demand and oversupply, Q1 2025 saw a positive reversal, driven by rising energy prices and moderate demand from key industrial sectors. The market was much more bullish, with energy and logistical challenges playing a significant role in price increases, unlike the bearish trend observed in the previous quarter.
APAC
For Q1 2025, the hydrogen peroxide market in Thailand experienced a mixed price trend, characterized by minor fluctuations due to supply-demand dynamics. In January, prices remained stable, supported by a balance between demand and supply despite lower industrial activity due to seasonal factors. However, in February, prices saw a slight increase, rising by approximately 2.1% due to supply challenges, including production slowdowns and factory closures. The demand remained steady in key sectors like pulp & paper and textiles, though logistics and rising production costs continued to strain the market. By March, a downturn emerged, with prices fall as demand from the paper and pulp sector weakened due to external factors such as China's industrial slowdown and the ongoing uncertainties in the global supply chain. This shift in the market led to oversupply conditions, further contributing to price pressure.
In comparison to Q4 2024, where prices had been under downward pressure due to oversupply and weak demand across industries, the Q1 2025 market displayed greater price stability, albeit with short-term fluctuations. The improvement in January and February can be attributed to sustained demand from key sectors like pulp & paper and textiles, despite ongoing supply chain disruptions. However, the market weakened towards the end of the quarter, reflecting the continued challenges in demand recovery and the broader economic factors impacting the APAC region.
Europe
In Q1 2025, hydrogen peroxide prices in Europe experienced a gradual increase, reflecting a more stable market compared to the previous quarter. In January, the prices remained stable, supported by balanced supply and demand dynamics, despite weaker industrial activity. As the quarter progressed, production constraints due to higher energy costs, particularly natural gas, drove prices upward, with February and March seeing increases of 5.0% and 4.3%, respectively. Prices in March influenced by increased demand from the pulp and paper sector following industrial consolidations and heightened sustainability initiatives. The textile industry also played a supportive role, with steady demand for eco-friendly bleaching solutions. In terms of supply, logistical disruptions, plant maintenance, and geopolitical concerns, particularly regarding EU-US trade tensions, created volatility, but producers effectively managed these challenges. Overall, the quarter's pricing trend was marked by steady demand from key sectors like pulp and paper, textiles, and wastewater treatment, with increasing production costs playing a pivotal role in the price escalation.
In comparison to Q4 2024, hydrogen peroxide prices in Q1 2025 showed a strong recovery. Q4 2024 was characterized by weak demand, oversupply, and reduced consumption across key sectors like paper and textiles, leading to a price decline of 7.0%. In contrast, Q1 2025 saw prices rise due to production cost increases, steady demand from major downstream industries, and the absence of oversupply conditions. The market鈥檚 recovery was further supported by resilient consumption, particularly in sustainable paper and textile production.
