Global Sulphuric Acid Market Faces Bearish Trend Amid Agrochemical Downturn

Global Sulphuric Acid Market Faces Bearish Trend Amid Agrochemical Downturn

Li Hua 18-Jan-2024

Linden NJ, USA: During the week ending on xxth January xxxx, the prices of Sulphuric Acid are showcasing a bearish trend due to the weak Agrochemical demand for fertilizers. In the global market, the overall price trend of Sulphuric Acid is declining due to the sluggish demand from the downstream agrochemical sector and stocked-up storage facilities with ample  inventories. In terms of its feedstock, Sulphur is also facing the same situation with sluggish demand from the downstream agrochemical sector. Similarly, the prices of its upstream crude oil are witnessing a downward price trajectory from the past few week, which resulted in the overall decline in the prices of Sulphuric Acid.

The price of Sulphuric Acid in the USA market is maintaining its stability at USD xx/MT (FOB-Linden NJ) at the lower end, during the week ending on xxth January xxxx. In light of this...

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.