On February 2, Sichuan Fuhua New Material Technology Co., Ltd.'s project with an annual production capacity of 20,000 tons of special-grade hydrogen peroxide and 200,000 tons of industrial-grade hydrogen peroxide has entered its final stage and is expected to be completed and put into operation within the first quarter. PriceSeek's analysis of hydrogen peroxide indicates a bearish score of -1. The 220,000-ton hydrogen peroxide project of Sichuan Fuhua New Material Technology Co., Ltd. is nearing completion and is expected to be operational within the first quarter, which will significantly increase market supply. The rise in supply may lead to oversupply, exerting downward pressure on the spot price of hydrogen peroxide. In particular, while the demand for industrial-grade hydrogen peroxide remains relatively stable, the substantial addition of new capacity could put pressure on prices in the short term.