On April 23, the 200,000-ton industrial-grade hydrogen peroxide project of Zhongfu Taihua and the 20,000-ton specialty-grade hydrogen peroxide project of Evonik Fuhua were officially completed. Chempricehub assesses hydrogen peroxide with a bullish/bearish score of -1. The completion of these two projects adds new production capacity, significantly increasing market supply. Industrial-grade hydrogen peroxide is primarily used in industries such as papermaking and chemicals, while specialty-grade hydrogen peroxide serves high-precision fields. Oversupply may exert downward pressure on spot prices. The score is moderately bearish at -1, as the projects, though large in scale, are not unexpected, and the market may have partially absorbed expectations, resulting in a moderate impact.