Hamburg, Germany: The Sulphuric Acid market is experiencing bullish sentiments in both the European and North American regions due to a disrupted supply-demand equilibrium. In Europe, the bullish trend is driven by ongoing maintenance shutdowns and increased production costs, which are affected by a surge in upstream Crude Oil prices. These factors have tightened supply and pushed prices upward. Conversely, in the US, the Sulphuric Acid market is displaying a stable price trend at the higher end as suppliers&#xx; operations return to normalcy. This stabilization follows previous disruptions, allowing for a more balanced supply situation, albeit at elevated price levels due to lingering cost pressures and market adjustments.
In the European markets, the Sulphuric Acid sector saw a rise of x.xxx and reached USD xx/MT (FOB-Hamburg) by the week ending on July xxth. Despite the stable feedstock sulphur market, which would typically keep production costs unchanged, the...
