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.
Our reporters across Asia, Europe and the US keep in touch with local markets, bringing you price assessments, in-depth news and analysis which you can rely on to guide you in your commercial decisions.
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Sulphuric acid: Market overview
In Europe, the market is expected to remain balanced, with Brazil and Chile levelling out the European market – both countries are now covered and will not be in the market until May.
Export prices moved away from a negative to $0-10/tonne FOB (free on board) NWE (northwest Europe) in March, but prices are now expected to remain steady. No major smelter turnarounds are expected during the remainder of 2014, leading to a slightly bearish outlook if demand for export turns out to be at a low level.
On a contract basis, sellers are looking to increase prices by €5-10/tonne from Q1 to Q2. However, since market dynamics are expected to remain broadly unchanged, buyers see no reason for prices to firm.
In Asia, buyers and sellers are keen to settle second-quarter contract sooner than later. The market is expected to remain focused on the Philippines and the restart of the PASAR smelter, which came back on line in March. Maintenance is planned at the Taganito project and could result in a drop in demand.
In terms of pricing, producers are pushing for increases based on higher sulphur values, with offers at $60/tonne CFR (cost & freight) SE (southeast) Asia. In Japan, sellers are pushing for an increase of $10/tonne to reflect rising sulphur values. However, buyers are reluctant to accept any increases based on sulphur price increases from suppliers that are all smelter related.
In the US, various smelter outages are planned but this is not expected to have a huge impact on supply or indeed prices. The cold weather in Canada is expected to ease and this in turn should result in improved availability.
Updated to mid-April 2014
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.