The Sulphuric Acid markets are covered weekly by ICIS in the World Sulphuric Acid Weekly report and in an Asia Pacific report. This independent and trustworthy publication gives price assessments for spot markets in China, Japan/Korea, southeast Asia and India, while contract prices are quoted for northeast Asia and southeast Asia.
Our market intelligence is gathered by our locally based reporters and gives details in the commentary about exports, downstream movements, shipment, freight rates and any other factors influencing prices. There is also coverage within the monthly Sulphur & Sulphuric Acid Outlook report. If you are involved in this market or other related markets, this essential tool can help you to make those crucial commercial choices.
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Sulphuric acid: Market overview
Updated to Q1 2016
The global sulphuric acid market is facing oversupply issues in the first quarter of 2016, with many regions struggling to balance.
In Europe, producers continue to face competition in traditional markets such as Brazil. However, despite increased sulphur-burning capacity, key importer Morocco continued to take large volumes of acid in 2015, with the trend expected to continue while prices are attractive for the buyer.
In Asia, the market is yet to be tested to find out how it will absorb volumes from the new capacity at Glencore’s PASAR smelter in the Philippines. However this is expected to change in first quarter with the company previously indicating full ramp-up will occur in January 2016. No major maintenance is planned for the region in the coming months.
In the Americas, Chilean annual contracts settled at five-year lows at $50-58/tonne CFR Mejillones. Cuts to operating rates at acid-consuming mines and competition from Mexican volumes contributed to the weaker price. The US increased its acid consumption during 2015, with the region expected to maintain its buying levels during the first quarter.
News & analysis
Sulphuric acid news & analysis
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Sulphuric acid, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
Sulphuric Acid Methodology
About Sulphuric acid
A key use of sulphuric acid is for the production of fertilizers. Other uses include the production of carbon disulphide, sulphur dioxide and phosphorous pentasulphide; pulp and paper; and rubber vulcanising. Sulphuric acid can also be used in its diluted form as battery acid for the automotive sector.
Sulphuric acid is colourless in appearance and of an oily liquid consistency. It is both corrosive and toxic and has the ability to cause serious burns. In addition, it is harmful through inhalation, ingestion and through skin contact.