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 Q2 2016
Negative FOB values continue to persist in the global sulphuric acid market, as Asia struggles to balance its inventories heading into the second quarter. European suppliers are slightly more balanced with a series of turnarounds helping to ease the supply situation.
However, length is expected to remain a feature in the market in May and June following the completion of turnarounds.
In the Asia Pacific region smelters have received deep negative netbacks on a number of spot cargoes due to unexpected higher volumes from within the smelters, competition in the region from new capacity and weak demand from the former key market of Chile.
Buyer OCP in Morocco continues to absorb large volumes of European acid and is expected to continue being an outlet for length from various other markets.
In North America, buyers are taking advantage of competitively priced volumes and are expected to keep buying, with the US one of the few regions to increase its acid imports during the past year.
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.