Get the latest insights on price movement and trend analysis of Copper II Sulphate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Copper Sulphate Price Trend for the Second Half of 2022
The prices of copper sulphate showed an overall downward trend with fluctuations in a very narrow spectrum during the second half of 2022. Sufficient supply but lesser demand contributed to the price trend of copper sulphate as enough fertilizers had been secured for the agricultural season. A little ease in crude oil prices after a long time also reduced the downstream production costs, thus the overall downward trend.
The price trend of copper sulphate in the European market remained bottom facing. Initially because of supply chain disruptions caused by the Russia - Ukraine war the manufacturing costs skyrocketed. And when the production costs returned to normal, the supply didn’t support. Low farming activities and overall low demand in the market resulted in plummeting copper sulphate prices in Europe.
The copper sulphate price trends in the US replicated the international trends attributed to high supplies and low demands. Raw material costs, production costs and product requirements all stayed on the dipping side so the price trends also followed. Surplus uncalled products kept accumulating in inventories.
According to Procurement Resource, the dip in copper sulphate prices seems almost like a universal trend which is very likely to remain so, attributed to the demand disruptions.
Copper II Sulphate Price Trend For the First Half of 2022
The outbreak of covid-19 disrupted the logistics and transportation across China, which resulted in the delay in shipments. These delays caused the feedstock prices to inflate, thereby affecting the price trends of copper sulphate. During the first quarter, copper sulphate prices soared owing to the strong demand from the downstream fertilizers industries.
The buyers began to hoard the product to prepare for the peak fertilizer demand season. However, the price trends declined during the second quarter owing to the renewed production after removing covid restrictions and muted market sentiment. The price of copper sulphate averaged 18800 RMB/MT in the Chinese domestic market.
The Russian invasion of Ukraine, which started during the last week of February, unleashed an economic backlash in the European region. The prices of fertilizers and important feedstocks witnessed an unprecedented rise. The price of copper sulphate surged during the first quarter due to the raised prices of feedstock copper and sulphuric acid.
However, the prices stabilized during the second quarter as the upstream costs relaxed and the market demand dwindled due to double-digit inflation. In the London Metal Exchange, the prices of feedstock copper went from 10,247 USD/MT in April to around 8245/MT in June 2022.
The price trends of copper sulphate recorded an oscillating movement in the US domestic market during the first half of the said year. The prices surged in the first quarter owing to the raised feedstock prices and robust demand, whereas the prices declined during the second quarter due to the looming speculations of a global recession.
Procurement Resource provides latest prices of Copper (II) Sulphate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Copper (II) sulphate is a metal sulphate compound having copper(2+) as the metal ion. It functions as an emetic, a fertiliser, and a sensitizer. The majority of the time, cupric sulphate is used in agriculture as a pesticide, germicide, feed additive, and soil additive. High thermal and electrical conductivity, low corrosion, alloying potential, and malleability are just a few of copper's characteristics as a noble metal.
|Product Name||Copper II Sulphate|
|Industrial Uses||Fertiliser Industry, Agriculture, Production of batteries and electroplating baths, reagent in analytical chemistry|
|Synonyms||Copper Sulphate, Cupric Sulphate|
|Molecular Weight||159.61 g/mol|
|Supplier Database||Beneut Enterprise Co. Ltd, Blue Line Corp, Changsha Haolin Chemicals Co. Ltd., Highnic Group, JX Nippon Mining & Metals Corp.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, copper metal is treated with hot concentrated sulfuric acid to produce copper sulphate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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