Higher Sulphuric Acid Costs and Export Recovery Lift China Ammonium Persulfate Prices

Ammonium Persulfate prices in China are expected to increase by 1.6% in July 2026, supported by improving export inquiries, seasonal restocking activity, and higher production costs from firmer upstream inputs. Ammonium Persulfate market is anticipated to move into a mild recovery phase as overseas buyers from Southeast Asia, India, and North America gradually return for replenishment. Although supply availability is expected to remain comfortable due to stable producer operating rates, Ammonium Persulfate manufacturers are likely to maintain firmer offers as cost pressures increase. Feedstock Sulphuric Acid prices are expected to strengthen in July, representing a 9.97% increase, which is likely to raise production costs and provide additional support to Ammonium Persulfate pricing. However, sufficient inventories and balanced supply conditions are expected to prevent a sharp upward movement.

Demand for Ammonium Persulfate is expected to show gradual improvement in July, supported by better procurement from coatings, acrylic polymer, latex, PCB, and electronics-related industries. The Ammonium Persulfate market is likely to benefit from renewed polymerization initiator demand as downstream manufacturers rebuild inventories after cautious purchasing during the previous month. Electronics and PCB producers are expected to maintain steady consumption of Ammonium Persulfate for surface treatment and manufacturing applications, while coatings and adhesive sectors may witness moderate recovery with improving seasonal activity. However, domestic construction-related demand is expected to remain uneven due to continued weakness in property-related industries, limiting the overall pace of demand recovery. Export demand is anticipated to remain the key supporting factor for Ammonium Persulfate prices during July.

On the supply side, the Ammonium Persulfate market is expected to remain well supplied, with major Chinese producers maintaining stable operating rates and no significant maintenance shutdowns anticipated. Improved logistics conditions after earlier port congestion are expected to support smoother Ammonium Persulfate export flows, reducing shipment delays, and improving buyer confidence. However, higher Sulphuric Acid costs are expected to increase production expenses for Ammonium Persulfate manufacturers, encouraging producers to resist aggressive discounting. While availability remains adequate, suppliers may attempt to recover margins through firmer export offers, particularly for overseas cargoes.

The intra-month outlook for Ammonium Persulfate in July is expected to show gradual strengthening rather than a sharp rally. Early July activity is likely to remain cautious as buyers assess downstream recovery, but improving export demand and higher feedstock costs may encourage suppliers to gradually increase Ammonium Persulfate offers. Market participants are expected to closely monitor Sulphuric Acid trends, export bookings, inventory levels, and downstream electronics and polymer demand. The balance between comfortable supply and recovering consumption is expected to keep the Ammonium Persulfate market moderately firm.