Qingdao, China: The US and Chinese Sulphuric Acid markets have been experiencing sustained bullish trends, marked by stability at elevated price levels. This upward momentum is primarily driven by rising production costs, as the price of feedstock Sulphur continues to climb, putting pressure on Sulphuric Acid producers. Additionally, the supply of Sulphuric Acid has tightened, further fueling bullish market sentiments and pushing prices higher. The combination of increased feedstock expenses and constrained availability has created a favorable pricing environment for suppliers. This alignment of cost pressures and supply constraints has contributed to the resilience and strength observed in the Sulphuric Acid markets in both regions.
The Chinese Sulphuric Acid market remains stable at a high price point of USD xx/MT (FOB-Qingdao), during the week ending on xst November, with continued bullish sentiment due to limited supply. This tightness intensified following the Daye smelter incident on September xx,...
