At the end of April, the sulphuric acid market continued with its high prices in the European region. This trend was witnessed amid surging production costs, strong demand, and tight supply. Further providing support to the current market sentiments was the challenges in the transportation activities within Germany.
The sulphuric acid market in the European nation is consistently experiencing an upward trend. During the week ending on April xx, the German sulphuric a cid market experienced a surge of x.xxx and the prices reached USD xx/MT (FOB-Hamburg). The current market of the commodity was molded due to high production costs, increasing demand from the overseas market, tight supply, and disruption in the supply chain of sulphuric acid. The production cost of sulphuric acid remained high due to the persistently high prices of the feedstock sulphur.
The supply is tight...
