Product
Sulfuric acid Price Trend
Sulfuric acid Price Trend
Following a consistent uptrend in the previous quarter, the sulphuric acid market sentiments in US eased during the final quarter of 2021. The development in the market dynamics could be attributed to the improved availability of feedstock sulphur as the OPEC+ alliance reported a gradual increase in the production of crude oil which was further backed by the announcement made by the Biden’s administration to release oil reserves in the middle of the fourth quarter. Additionally, the quarterly average producer's price index in the US for sulphuric acid was assessed at 206.10 points. The FOB Linden NJ prices for sulphuric acid followed a ripple effect and were settled at 178 USD/MT. In China, the price was recorded in the range of 800-1400 RMB/MT in March 2022. The upstream sulphur market had risen sharply and the cost support was good.
Procurement Resource Database
Procurement Resource provides latest prices of Sulfuric Acid. 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.
Chart Description:
Procurement Resource provides prices of Sulfuric Acid for several regions around the globe, which are as follows:
- North America
- South America
- Europe
- Asia Pacific
- Middle East
- Africa
About Sulfuric Acid:
Sulfuric Acid, a colourless liquid, is a well-known mineral acid consisting of elements such as sulphur, oxygen and hydrogen. It is an odourless liquid that is viscous in nature and miscible in water. It is synthesized in extreme exothermic reactions. It has strong acidic nature and it readily absorbs water vapour from the air. It finds wide range of applications in chemical industry such as its use as an electrolyte in lead-acid batteries.
Chemical Formula:
- H2SO4
Synonyms:
- 7664-93-9
- Sulfuric acid
- Oil of vitriol
Molecular Weight:
- 98.08 g/mol
Industrial Uses:
- Fertilisers
- Production of chemicals
- Sulphur–iodine cycle
- Oil refining
- Wastewater processing
- Industrial cleaning agent
- Catalyst
- Electrolyte
Production Processes:
- Production of Sulfuric Acid from Sulphur via Single Contact Process, via Double Contact Process, via Wet Sulfuric Acid Process, from Tail Gas Using H2O2 Abatement
In order to produce Sulfuric Acid via Single Contact Process, sulphur is burned to produce sulphur dioxide, followed by its conversion to sulphur trioxide via oxidation. The obtained sulphur trioxide is transformed into Sulfuric Acid by absorption with recirculating Sulfuric acid solution in water in just one column.
Supplier Database:
- BASF SE
- INEOS Sulphur Chemicals (INEOS Capital Limited)
- The Mosaic Company
- Saudi Arabian Mining Company (Ma’aden)
- Agrium U.S. Inc. (Nutrien Ltd.)
- Zhejiang Jiahua Energy Chemical Industry Co. Ltd.
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Methodology:
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).
Procurement Resource also provides the detailed production cost analysis of Sulfuric acid See more