Chongqing Xinmeihe Technology Co., Ltd. has commenced the construction of its annual 200,000-ton (27.5%) hydrogen peroxide project, with production expected to begin in July. PriceSeek's analysis of hydrogen peroxide indicates a bearish rating of -1. The launch of Chongqing Xinmeihe Technology Co., Ltd.'s annual 200,000-ton hydrogen peroxide project, scheduled for production in July, is anticipated to significantly increase market supply. The expectation of increased supply exerts downward pressure on the spot price of hydrogen peroxide, potentially leading to a price decline. The rating is moderately bearish (-1), as the new production capacity is substantial (200,000 tons annually), but its impact will gradually materialize over the coming months rather than immediately disrupting the market. At present, the supply-demand fundamentals have not undergone drastic changes.