Sulphuric acid Prices, markets & analysis
ICIS offers trusted and reliable market intelligence for those buying or selling Sulphuric acid or related products in the global Sulphuric acid market.
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Sulphuric acid: Market overview
The main focus of attention in the sulphuric acid market in the first quarter is the sharp rise in the value of global sulphur prices and how this will affect sulphuric acid prices and demand.
Sulphur buyers speak of balanced-to-soft market conditions and are therefore resisting any steep hikes for the first quarter. However, buyers realise that there may be some upward price adjustments because sulphur values have firmed.
Demand is not expected to be particularly strong for the phosphate fertilizer sector during the first quarter. In India, for example, the farming community is waiting to hear about the new fiscal year’s fertilizer subsidies. A big question mark hangs over China as to whether demand will be strong following the Lunar New Year holiday at the end of January.
Asian producers are looking to place tonnes within the region following poor demand and prices from key export destinations in South America. Asia prices will continue to come under pressure from new capacities coming online in China, with few turnarounds planned for the first quarter.
In the base metals sector, smelters are running well and this in turn is contributing to the more settled tone for sulphuric acid buyers, despite the rising cost of sulphur.
Updated to mid-Jan 2014
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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.
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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.