Hamburg, Germany: Globally, the prices of Sulphuric Acid are witnessing a decline in its trend due to the continuation of the weak Agrochemical sector leading to weak demand for the product. Due to several global causes, the equilibrium between supply and demand is disturbing which makes it difficult to maintain a smooth supply chain for Sulphuric Acid. The market players are cautious about their activities in the Agrochemical sector for Sulphuric Acid to avoid the potential losses in the prices of the commodity.
In Germany, the Sulphuric Acid market is showcasing an upward price trend due to the incline of x.xxx which settled at USD xx/MT (FOB-Hamburg) on xxrd February xxxx. The reason for the increase in the prices of Sulphuric Acid is the disruption in the supplies of the product due to the ongoing farmer’s protests all over the European countries including Germany. The European...
