Texas (USA): The Sulphuric Acid market in the US and Europe is showing a stable price trend, primarily due to the summer fertilizer off-season, with some crops reaching the harvesting stage. This has resulted in steady demand for Sulphuric Acid from downstream agrochemical enterprises. Additionally, the upstream crude oil market experienced its third consecutive weekly loss last week, driven by concerns that OPEC and its allies (OPEC+) plan to unwind some production cuts starting in October, which could affect the supply chain. In response to these developments, market players have increased their trading activities, accompanied by a rise in demand for Sulphuric Acid from downstream enterprises.
In the United States, the Sulphuric Acid market is stable, supported by steady production costs due to stable sulfur prices. As of the week ending June xxth, the market for Sulphuric Acid in the US is holding steady at USD xxx/MT...
