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 Q3 2017
Sulphuric acid supply is globally tight, and with major smelter turnarounds scheduled for the fourth quarter, players expect availability to remain tight for the remainder of 2017 and into the first quarter of 2018. This is especially true in Japan/South Korea where outstanding deliveries dating back as far as last year are compounding the situation.
Most sulphuric acid cargoes out of Japan and South Korea are contracted volumes, while several producers are selling any spot availability inter-regionally because they do not have enough supply to fill deep-sea vessels.
Sulphuric acid buyers are already enquiring after cargoes as far out as September amid the shortages of spot cargoes. Demand in recent years has been growing at a rate of 3-4%, according to market estimates, but supply has broadly kept pace, counterbalancing this.
Nevertheless, some sources argue that the global market has become structurally tighter in 2017 because of project cancellations during the global economic downturn, and this is only beginning to be felt now.
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.