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Article: Sulfuric acid price bubble bursts as demand softens.
- Article from:
- Purchasing
- Article date:
- December 11, 2008
- Author:
CopyrightCOPYRIGHT 2008 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Gordon Graff
Sulfuric acid buyers can expect declining prices in the months ahead, but also some regional tightness due to plant outages. Sulfuric acid prices that rocketed to historic highs this year have topped out and are expected to retreat as the new year gets under way. One reason, say industry observers, is a slowing global demand for the acid in its key markets, metals and fertilizers. Another cause is the plummeting price of sulfur, a sulfuric acid raw material. Despite the slack demand, supplies of sulfuric acid are tight in certain regions, particularly the Northeastern U.S., due to plant outages and a strike by workers.
After hovering ...