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 Q3 2016
The global sulphuric acid market moved to a more balanced position during Q2, but oversupply is expected to feature again during Q3.
Greater availability is expected in August from the majority of regions, with only Europe experiencing some maintenance events. Asian producers are expected to have spot product on offer during the quarter, with the majority of their maintenance scheduled for Q4.
Global balance is also expected to be impacted by the start-up of Sherritt’s new sulphur-burning capacity in Cuba, which at full capacity will remove around 450,000 tonnes of demand for European acid.
Demand from Latin American regions especially Chile, is expected to remain lacklusture, and demand from Brazil likely to be served from Mexico’s Boleo sulphur burner and European acid, despite interest from Asian sellers.
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.
Higher demand is not expected in the US, showing disappointing start, with year to date, (January-May) imports 5% lower than in 2015.
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.