Hydrogen Peroxide Prices: During the Quarter Ending December 2023
North America:
During Q4 2023, the Hydrogen Peroxide market in North America underwent significant shifts influenced by several factors. Notably, a bearish trend prevailed due to reduced demand from key sectors like textiles and paper industries, resulting in decreased purchasing activity and overall market dynamics.
Moreover, the market experienced high supply levels, leading to an oversupply situation and necessitating inventory management by suppliers. Notably, no specific plant shutdown incidents were reported by market participants during this period. Specifically in the United States, significant price changes occurred as the market followed a descending trajectory. This was largely attributed to shifting demand patterns and decreased interest from industries such as textiles and paper.
Furthermore, lowered costs of essential feedstocks like sulfuric acid and natural gas impacted pricing strategies, ensuring competitiveness and viability for producers. Price-wise, there was a notable -13% decrease compared to the same quarter last year and a -5% decrease from the previous quarter. However, specific price comparisons between the first and second halves of the quarter were not provided. The latest Hydrogen Peroxide price FOB Illinois in the USA for the current quarter stands at USD 585/MT, influenced by reduced demand, oversupply, and lowered feedstock costs.
Get Real Time Prices of Hydrogen Peroxide: https://www.chemanalyst.com/Pricing-data/hydrogen-peroxide-1169
APAC:
In Q4 2023, the Hydrogen Peroxide market in the APAC region navigated through several influential factors. Despite stable supply conditions with a moderate product influx from manufacturing units, a bearish trend prevailed due to high supply levels, particularly in domestic ports, leading to an oversupply situation. Continuous material inflows from the Chinese market contributed significantly to this oversupply.
Despite low demand and subdued purchasing activities, the region maintained adequate Hydrogen Peroxide supplies. In Japan, prices experienced a bearish trend, with a 2% decrease compared to the previous month, attributed to high supply levels and low domestic demand. Price-wise, there was a significant 16% decrease compared to the same quarter of the previous year and a slight 6% decrease from the previous quarter. The Hydrogen Peroxide price CFR Tokyo in Japan for the current quarter is USD 480/MT, reflecting stable supply conditions amidst a bearish market trend.
Europe:
During Q4 2023, the European Hydrogen Peroxide market faced various factors influencing prices and market dynamics. An oversupply situation prevailed due to high availability from manufacturing units in countries like the Netherlands, Germany, and Belgium, resulting in surplus material in the market. Businesses reported sufficient inventory to meet demand, further contributing to the bearish market sentiment.
Significant price changes were observed in Belgium, with a 1.4% decrease in FOB Antwerp prices throughout the quarter. This decline was influenced by satisfactory supply and reduced purchasing activities, leading to lower bidding costs. Overall, there was an -8% decrease in prices from the previous quarter, indicating a slight downward trend.
The Hydrogen Peroxide market in Europe witnessed a bearish scenario characterized by high supply and low demand. Belgium experienced price declines due to satisfactory supply and reduced purchasing activities. Prices significantly decreased compared to the same quarter of the previous year, with a slight decline from the previous quarter. The latest Hydrogen Peroxide price FOB Antwerp in Belgium for the current quarter is USD 319/MT.
Get Real Time Prices of Hydrogen Peroxide: https://www.chemanalyst.com/Pricing-data/hydrogen-peroxide-1169
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