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Use the independent price assessments and market coverage in our price reports to track the regional Sulphuric acid market.
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Sulphuric acid news and market information products from ICIS
We offer the following regional Sulphuric acid coverage to keep you informed of factors and developments affecting prices in the Global Sulphuric acid marketplace.
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Insight and analysis of factors driving prices.
Updated to Q1 2017
The global sulphuric acid market was flat to firm in the first quarter of 2017, with maintenance and consistent demand balancing factors.
In Europe, Moroccan acid buyer OCP helped balance the market, taking well over 100,000 tonnes/month in the opening months of the year. While European volumes were prominent, tonnes were also pulled from India and Canada.
In Asia, Indian contract negotiations took place during the quarter, with nearly all settled, and negative netbacks seen in all supply regions. However, spot prices were firming by the end of the quarter, with prices edging back into positive FOB values.
The US market was balanced to tight owing to a series of scheduled maintenance works in Canada.
Updated to Q4 2017
Supply was significantly decreased for the entire quarter, owing to an explosion at Rio Tinto's Kennecott operations in Utah that caused them to declare force majeure on sulphuric acid. Additionally, Chemtrade announced it has stopped production at its Augusta facility, though little product from there was sold on the merchant market.
There were no significant demand changes in the quarter, aside from shifted demand that suppliers reported while Kennecott was not supplying its regular contracts outside of Agrium.
Updated to Q4 2017
European producers continued to prefer to concentrate on domestic contract markets during the fourth quarter, which combined with the heavy 2017 maintenance schedule kept spot availability from the region limited. Nevertheless, contract market supply and demand remained broadly balanced.
Demand remained stable throughout the fourth quarter in Europe. Nevertheless, tight global sulphuric acid supply and high copper prices kept overseas demand for European product strong.
Updated to Q4 2017
Workers at Enami’s Piapote copper smelter began industrial action on 13 December. Workers at Southern Copper’s Toquepala, Cuajone, and Ilo smelters in Peru are understood to still be striking. Teck’s Quebrada Blanca copper mine in northern Chile saw industrial action from the Union of Workers of Quebrada Blanca on 13 December, which is one of three unions at the site. Quebrada Blanco’s supergene deposit has been exhausted and production was already at reduced rates as a result, with production at the mine not expected to continue beyond mid-2019 dependent on copper prices and cost reduction efforts.
High copper prices throughout 2017 have led to Chilean mines running as hard as they can. Copper prices have increased by more than 50% in the past 12 months. Strike action in the final month of 2017 led to renewed demand from Chile.
The World Sulphuric Acid Weekly new look report contains 16 benchmark sulphuric acid price assessments and covers international trade across Europe, Asia and the US.
Included in the report are shipping fixtures and smelter outages, along with coverage of upstream sulphur and downstream fertilizers and chemicals. Coverage and attention is also paid to the base metals market and price developments for copper, zinc and nickel. Sulphuric acid import and export statistics are also published.
The report tackles all events likely to impact the global sulphuric acid market, including price developments, trade flows, as well as supply and demand balances.
The information in the report is gathered by talking to suppliers, traders and consumers from around the world, in addition to our own industry experts covering markets related to sulphuric acid.
All these developments are thoroughly analyzed on a weekly basis. The report is beneficial to our customers because it is the most comprehensive analysis of this crucial market.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Sulphuric acid. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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.