Hamburg, Germany: The Sulphuric Acid market is witnessing a mixed trend due to the disruption in the supply and demand equilibrium. Stability in the prices of Sulphuric Acid is experienced in Europe, North America, and most of the Asia-Pacific regions. However, it is witnessing a declining pattern in the Middle Eastern regions along with China and South Korea. Due to the weak demand from the downstream agrochemical sectors, accompanied by ample inventory levels of Sulphuric Acid, the market trend showcases a declining pattern.
In the European region, the market players have continued with their previous quotations for the Sulphuric Acid market after considering the ample inventory levels in the storage units. Furthermore, in Europe, many smelters are undergoing maintenance periods, for instance, Aurubis has scheduled a maintenance period of two months for its Hamburg smelter, set to occur from May through June. Therefore, they are limiting the...
