The Sulphuric Acid markets are covered weekly by ICIS in the World Sulphuric Acid Weekly 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 Q4 2016
The global sulphuric acid market is expected to be somewhat balanced during the fourth quarter as planned maintenance in Asia takes volumes out of the market.
Three northeast Asian smelters will undergo maintenance during the quarter with the region expected to be relatively balanced.
However, tough negotiations are expected during the quarter, as buyers in all regions agree for yearly and half-yearly contracts.
Moroccan buyer OCP is expected to average around 114,000 tonnes/month in import demand to close out the year. The buyer is understood to have withdrawn from the spot market and is buying directly from producers. OCP imported more than 1m tonnes from January to September.
Demand from Latin American regions, especially Chile, has remained low and annual contract agreements are expected to be settled at significantly lower levels than 2015.
Demand from Brazil is expected to see at least four more cargoes secured to close out the year and see competition between tonnes from Mexico’s Boleo sulphur-burner acid and European smelter acid.
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.