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Sulphuric Acid Price Trend and Forecast

⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

sulphuric acid Price Trends by Country

cnChina
jpJapan
mxMexico
esSpain
inIndia
krSouth Korea

Global sulphuric acid Spot Market Prices, Trend Analysis and Forecast

Price-Watch™ provides price assessments for Sulphuric Acid across top trading regions:

Asia-Pacific

  • Sulphuric Acid Industrial Grade (98%) FOB Qingdao, China
  • Sulphuric Acid Industrial Grade (98%) FOB Busan, South Korea
  • Sulphuric Acid Industrial Grade (98%) FOB Tokyo, Japan
  • Sulphuric Acid Industrial Grade (98%) Ex- West India, India
  • Sulphuric Acid Industrial Grade (98%) Ex- North India, India
  • Sulphuric Acid Industrial Grade (98%) Ex- East India, India
  • Sulphuric Acid Industrial Grade (98%) Ex- South India, India


North America

  • Sulphuric Acid Industrial Grade (98%) FOB Nogales, Mexico


Europe

  • Sulphuric Acid Industrial Grade (98%) FOB Barcelona , Spain


Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Sulphuric Acid Price Trend Q1 2026

During Q1 2026, Sulphuric Acid prices across all monitored global markets have continued to exhibit a sharply bullish trend, driven by the compounding effect of tightening sulphur feedstock costs and geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have disrupted crude oil and natural gas processing operations across Middle Eastern producing regions, tightening sulphur byproduct availability and further elevating feedstock costs for Sulphuric Acid manufacturers globally.

Japan and South Korea have recorded the most pronounced quarterly FOB appreciation, both exceeding 30%, while India’s West India domestic grade has posted the highest quarterly domestic appreciation at approximately 31.87%. Spain has recorded a firm quarterly increase driven by elevated European energy costs compounded by geopolitical feedstock disruptions.

March 2026 monthly movements have been broadly positive across all markets, with meaningful appreciation recorded across all monitored price points. The Sulphuric Acid price trend across all monitored regions has reflected the sustained and accelerating influence of conflict-driven sulphur feedstock cost escalation and firm downstream demand throughout the quarter.

China: Sulphuric Acid Export Prices FOB Qingdao, China, Industrial Grade (98%)

The Sulphuric Acid price in China has shown a notable rise of about 17.65% in Q1 2026 due to geopolitical tension between USA/Israel and Iran that has led to disruptions in the Middle Eastern crude oil and gas processing industry.

This geopolitical tension has disrupted the supply of sulphur and consequently raised the costs of feedstock used in the manufacturing of Sulphuric Acid by Chinese producers throughout the period under review.

The Sulphuric Acid price trend in China has been firm in Q1 2026 because of the firmness in the export market due to higher cost of sulphur feedstocks that increased production costs for producers and consequently led to increased FOB Qingdao pricing.

The firm downstream fertilizer, mining, and chemical industries demand also contributed to firm FOB Qingdao Sulphuric Acid price throughout the period under review. In March 2026, Sulphuric Acid price in China has increased by another 17.77% due to sustained geopolitical disruptions in the supply of sulphur and strong fertilizer industry downstream demand.

South Korea: Sulphuric Acid Export Prices FOB Busan, South Korea, Industrial Grade (98%)

Sulphuric Acid price in South Korea has witnessed a significant rise of about 31.36% in Q1 2026 due to geopolitical concerns over the tension between the USA-Israel and Iran conflict, making sulphur feedstocks from Middle East countries scarce while increasing production costs for Sulphuric Acid manufacturers in South Korea.

The rise in Sulphuric Acid price in South Korea is attributed to high feedstock costs coupled with robust demand for downstream industries in semiconductors, chemicals, and fertilizers, resulting in substantial hikes in export prices from the Port of Busan in South Korea.

Sulphuric Acid price trend in China has been on an upward trajectory due to continued export demands and feedstock constraints leading to significant increases in prices.

According to Price-Watch™ , in March 2026, Sulphuric Acid prices in South Korea have experienced a further rise of 25.96% due to continued disruptions in geopolitical sulphur feedstock supplies and robust downstream demand.

Japan: Sulphuric Acid Export Prices FOB Tokyo, Japan, Industrial Grade (98%)

In Q1 2026, Sulphuric Acid price in Japan has shown the largest quarterly FOB appreciation compared to other export sources, with an average of 32.09% attributed to the geopolitical risks arising from the USA-Israel versus Iran dispute which has caused a shortage of sulphur feedstock and led to increased cost of production of the product in the Japanese facilities during the same period.

The Sulphuric Acid price trends in Japan have been impacted by steep costs of feedstock as well as high energy costs in the domestic market and high downstream demand for the product in sectors such as the semiconductor industry, chemicals processing and mining industries. As a result, producers in Japan have raised the FOB export price of Sulphuric Acid considerably.

In March 2026, Sulphuric Acid in Japan has remained at high levels because of the tight economics of feedstock and high export demand for the product. There is a further increase in price by 24.82%.

Mexico: Sulphuric Acid Export Prices FOB Nogales, Mexico, Industrial Grade (98%)

In Q1 2026, Sulphuric Acid price in Mexico has recorded a firm increase of approximately 15.21%, driven by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have tightened sulphur feedstock availability and elevated production economics across Mexican Sulphuric Acid manufacturing facilities, alongside firm downstream demand from mining, chemical processing, and fertilizer sectors sustaining consistent export procurement throughout the quarter.

The Sulphuric Acid price trend in Mexico has reflected firming export market conditions where conflict-driven feedstock cost pressures have supported meaningful upward FOB Nogales pricing adjustments throughout the period. Sulphuric Acid prices in Mexico have remained broadly elevated as tightening feedstock economics have underpinned export pricing discipline.

In March 2026, Sulphuric Acid price in Mexico has risen by around 12.10%, as continued geopolitical sulphur feedstock disruptions and firm downstream mining sector demand sustained upward support to FOB Nogales Sulphuric Acid pricing during the month.

Spain: Sulphuric Acid Export Prices FOB Barcelona, Spain, Industrial Grade (98%)

In Q1 2026, Sulphuric Acid price in Spain has recorded a firm increase of approximately 20.92%, as the market has absorbed the compounding effect of pre-existing elevated European energy costs further severely aggravated by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, which have tightened sulphur byproduct availability from Middle Eastern refining and gas processing operations and driven sharp feedstock cost escalation across European Sulphuric Acid production facilities.

The Sulphuric Acid price trend in Spain has reflected a market where the dual burden of high energy costs and conflict-driven feedstock supply tightening has driven the most pronounced quarterly appreciation for Spanish FOB export pricing in recent periods, with producers adjusting FOB Barcelona pricing significantly upward to reflect elevated production cost burdens.

Sulphuric Acid prices in Spain have remained firmly elevated as tightening feedstock economics and recovering international demand have sustained upward pricing momentum.

In March 2026, Sulphuric Acid price in Spain has risen further by around 17.47%, as sustained geopolitical sulphur feedstock disruptions and elevated European energy costs continued to drive upward pressure on FOB Barcelona Sulphuric Acid pricing during the month.

India: Sulphuric Acid prices Ex–West India, India, Industrial Grade (98%)

In Q1 2026, Sulphuric Acid prices in India have surged significantly by 31.87%, driven by strong demand from fertilizer, chemical processing, and metal refining sectors, along with tightening supply conditions.

The increase in sulphur feedstock prices, supported by firm crude oil trends and disruptions in global sulphur trade due to the US-Iran conflict and partial closure of the Strait of Hormuz, has elevated production costs.

Reduced import availability and logistical delays have further constrained supply across West India. Additionally, increased demand from phosphatic fertilizer producers ahead of the agricultural season has intensified procurement activity.

This has been reflected in Sulphuric Acid prices in India and the strong Sulphuric Acid price trend in India, indicating a supply-driven market rally. Similarly, in the last month of the quarter, In March 2026, Sulphuric Acid prices in India have increased sharply by 27.78%, driven by acute supply shortages, rising feedstock costs, and aggressive restocking demand.

Sulphuric Acid Price Trend Analysis: Q4 2025

In Q4 2025, Sulphuric Acid prices in all tracked worldwide marketplaces have shown a highly bullish performance trend, spurred by the tightness in sulphur raw material prices, high downstream demand in fertilizers, mining, and chemical industries, and high cost of production structures in major producer countries.

Japan has witnessed the most significant quarterly FOB growth performance at around 19.62%, followed closely by South India domestic grade in India at around 23.18%, while Spain has experienced the lowest growth at around 2.69%.

The domestic marketplaces of India in all regions have witnessed considerable quarterly growth in the range of around 16.73% to 23.18%, with South India witnessing the highest gain.

In December 2025, there has been an even sharper growth spurt in all tracked markets, with South India domestic grade in India growing by about 41.15% and West India registering a growth of around 39.38%, while Japan FOB has grown by around 36.51%, underlining the highly bullish trend for Sulphuric Acid prices seen during the quarter.

China: Sulphuric Acid Export Prices FOB Qingdao, China, Industrial Grade (98%)

Sulphuric Acid price in China for Q4 2025 has risen strongly by about 10.74% due to rising sulphur feedstock prices and firm downstream demand from the fertilizer, mining, and chemical industries that have sustained growth in the FOB Qingdao export price for the quarter.

The Sulphuric Acid price pattern in China has been characterized by favorable conditions in the export market, which are attributed to rising production costs and continuous demand in the international market, thus sustaining positive price momentum. Sulphuric Acid price trend in China has been positively influenced during the quarter as producers continue with disciplined pricing despite rising feedstock prices.

According to Price-Watch™ , in December 2025, Sulphuric Acid price in China has surged strongly by about 25.20% due to rising sulphur feedstock prices and positive downstream fertilizer sector demand, thereby resulting in positive FOB Qingdao export price momentum in the month.

South Korea: Sulphuric Acid Export Prices FOB Busan, South Korea, Industrial Grade (98%)

In Q4 2025, Sulphuric Acid price in South Korea has recorded a firm increase of approximately 16.78%, driven by tightening sulphur feedstock costs and elevated production economics across domestic Sulphuric Acid manufacturing facilities, alongside sustained downstream demand from semiconductor, chemical, and fertilizer processing sectors throughout the quarter.

The Sulphuric Acid price trend in South Korea has reflected firming export market conditions where rising upstream costs and consistent international procurement have sustained meaningful upward FOB Busan pricing momentum.

Sulphuric Acid prices in South Korea have remained firmly elevated throughout the quarter as producers have adjusted export pricing to reflect higher feedstock and operational cost burdens.

In December 2025, Sulphuric Acid price in South Korea has surged sharply by around 33.22%, as acute sulphur feedstock cost escalation and firm downstream sector demand drove a pronounced acceleration in FOB Busan Sulphuric Acid export pricing during the month.

Japan: Sulphuric Acid Export Prices FOB Tokyo, Japan, Industrial Grade (98%)

The quarterly FOB appreciation for Sulphuric Acid price in Japan is the strongest amongst all monitored export origins in Q4 2025 at about 19.62% as a result of escalating sulphur feedstock costs and increased energy and production economics in domestic plants producing Sulphuric Acid, along with high demand from the semiconductor, chemical processing, and mining industries.

The Sulphuric Acid price trend in Japan has been driven by a significant increase in upstream costs translating into FOB pricing at Tokyo ports, with producers increasing prices substantially due to higher costs associated with upstream activities and operating costs. The Sulphuric Acid price in Japan has remained strong for the whole quarter, as constant export orders have helped prices move upwards consistently.

In December 2025, Sulphuric Acid price in Japan jumped dramatically by about 36.51%, making the monthly FOB appreciation for this export origin the highest amongst all monitored export origins.

Mexico: Sulphuric Acid Export Prices FOB Nogales, Mexico, Industrial Grade (98%)

In Q4 2025, Sulphuric Acid price in Mexico has recorded a moderate increase of approximately 13.92%, driven by tightening sulphur feedstock costs and firm downstream demand from mining, chemical processing, and fertilizer manufacturing sectors that have supported upward FOB Nogales export pricing throughout the quarter.

The Sulphuric Acid price trend in Mexico has reflected firming export market conditions where rising upstream production costs alongside consistent international procurement have sustained upward pricing momentum during the period. Sulphuric Acid prices in Mexico have remained broadly supported as export-oriented producers have maintained disciplined pricing amid tightening feedstock costs.

In December 2025, Sulphuric Acid price in Mexico has surged by around 23.79%, as intensifying sulphur feedstock cost escalation and firm downstream mining and chemical sector demand drove a sharp acceleration in FOB Nogales Sulphuric Acid export pricing during the month.

Spain: Sulphuric Acid Export Prices FOB Barcelona, Spain, Industrial Grade (98%)

In Q4 2025, Sulphuric Acid price in Spain has recorded the most contained quarterly appreciation among all monitored FOB export origins at approximately 2.69%, as the compounding effect of elevated European energy costs and tightening sulphur feedstock costs has been partially offset by competitive import availability from other European and global sources limiting the pace of Spanish export price appreciation during the quarter.

The Sulphuric Acid price trend in Spain has reflected a more moderate market environment where pre-existing high energy cost burdens have compounded upstream sulphur cost pressures without driving the sharp export pricing adjustments observed at Asian origins. Sulphuric Acid prices in Spain have remained under upward cost pressure but with more contained quarterly appreciation.

In December 2025, Sulphuric Acid price in Spain has risen sharply by around 16.36%, as accelerating sulphur feedstock cost escalation and tightening European Sulphuric Acid availability drove a meaningful acceleration in FOB Barcelona pricing during the month.

India: Sulphuric Acid prices Ex–West India, India, Industrial Grade (98%)

During Q4 2025, Sulphuric Acid prices in India have increased sharply by 19.11%, supported by strong demand from fertilizer manufacturers, metal processing units, and chemical industries, alongside tightening supply conditions. Rising sulphur feedstock prices, influenced by firm crude oil trends and limited global availability, have increased production costs for acid producers.

Additionally, supply has been constrained due to reduced import arrivals and maintenance shutdowns at key smelter-based production units. Demand from phosphatic fertilizer producers has remained particularly strong ahead of the rabi season, further supporting price gains.

This has been reflected in Sulphuric Acid prices in India and the firm Sulphuric Acid price trend in India, indicating a supply-driven market. Similarly, in the last month of the quarter, In December 2025, Sulphuric Acid prices in India have surged by 39.38%, driven by acute supply shortages, high feedstock costs, and aggressive year-end procurement activity.

In Q3 2025, the global Sulphuric acid market displayed a divergent trend, with export prices in Asia, Europe, and North America rising sharply while domestic prices in South Asia fell amid ample supply.

In East Asia and Southeast Asia, tight feedstock availability and strong demand from phosphate fertilizer, chemical processing, and battery sectors drove significant price gains, supported by steady export flows to Southeast Asia and regional markets.

North America and Southern Europe experienced moderate increases as production remained stable and downstream consumption improved. Conversely, South Asia saw notable Sulphuric Acid price trend declines across all regions due to abundant coastal plant output, subdued domestic demand, and competitive import offers, prompting buyers to adopt cautious procurement.

Overall, the quarter reflected tight supply conditions and strong international demand offsetting localized oversupply, resulting in contrasting market dynamics globally.

Mexico: Sulphuric Acid Industrial Grade (98%) Exported price in Mexico, Grade: 98%.

In Q3 2025, Sulphuric Acid export prices from Mexico have strengthened moderately, driven by rising demand from phosphate fertilizer plants and mining operations. Sulphuric Acid price trend in Mexico has increased, with FOB Nogales prices up 4.06% to USD 100–120 per metric ton. In September 2025, Sulphuric Acid prices in Mexico have risen by 3.64%, compared to the previous month.

Stable production at Gulf coast acid plants and logistic efficiencies have supported steady export flows to Central and South America. Buyers have maintained consistent purchasing patterns, balancing inventory levels with modest price increases. Market sentiment has remained cautiously optimistic.

Spain: Sulphuric Acid Industrial Grade (98%) Exported price in Spain, Grade: 98%.

In Q3 2025, Sulphuric Acid export prices from Spain have recorded a slight uptick amid recovering demand from chemical and fertilizer sectors. Sulphuric Acid price trend in Spain has risen, with FOB Barcelona prices increasing 2.76%, trading at USD 100–110 per metric ton. In September 2025, Sulphuric Acid prices in Spain have risen by 0.94%, compared to the previous month.

Improved operating rates at Mediterranean acid plants and stable sulfur feedstock availability have underpinned supply. Export volumes to North Africa and southern Europe have been steady, with buyers replenishing stocks ahead of seasonal maintenance shutdowns. Overall, the market has maintained a balanced outlook with modest price appreciation.

China: Sulphuric Acid Industrial Grade (98%) Exported price in China, Grade: 98%.

In Q3 2025, Sulphuric Acid export prices from China have increased as a result of constrained domestic supply combined with robust demand into phosphate fertilizer and chemical processing. The Sulphuric Acid price trend in China has experienced a sharp increase with a quarter-on-quarter increase of 13.31% for the FOB Qingdao price, in a range of USD 80–96 per metric.

However, in September 2025, Sulphuric Acid prices have seen a month-on-month decrease of 1.061% as phosphate fertilizer manufacturers had completed their seasonal purchases earlier, causing demand to dip and prices to ease slightly.

The reduction of operating rates at some of the main sulfuric acid producers constructing maintenance turnarounds brought about less production, while downstream buyers had to compete for any available cargoes.

Sulphuric Acid export volumes remained relatively strong to Southeast Asia and Oceania, despite elevated freight costs. Overall, market sentiment has turned overwhelmingly bullish during the quarter as supply shortages have carried through the industry while demand pressures have eased somewhat.

South Korea: Sulphuric Acid Industrial Grade (98%) Exported price in South Korea, Grade: 98%.

In the third quarter of 2025, South Korean Sulphuric Acid price trend has surged considerably driven by healthy demand from battery electrolyte and fertilizer producers. Recent trends indicate that Sulphuric Acid prices in South Korea have risen with FOB Busan values up 15.15%, now around USD 60-75 per metric ton. Sulphuric Acid prices in South Korea in early September 2025 have been up 2.82% from the previous month.

The domestic availability of Sulphuric Acid has been reduced by upstream tightness in the sulfur dioxide feedstock supply chain, and due to scheduled plant outages, prices have been supported at higher international levels. Buyers based in Japan and Southeast Asia have accelerated their buying plans based on supply issues on the horizon going into the Fall season.

Japan: Sulphuric Acid Industrial Grade (98%) Exported price in Japan, Grade: 98%.

The export prices for Sulphuric Acid from Japan have gained momentum in Q3 2025, bolstered by high demand from chemical intermediates and battery manufacturing. The Sulphuric Acid price trend in Japan has been bullish, with FOB Tokyo prices rising 12.66% to be at USD 62–78 per metric ton at this time.

In September 2025, it has been reported that Sulphuric Acid prices in Japan increased by 4.11% than the prior month. Domestic production has faced issues with feedstock sulfur supply, while domestic buyers have begun order confirmation for forward orders to secure supply.

Demand for export from regional markets, particularly Southeast Asia, has remained strong, despite the inability to reduce higher cost structures. On the whole, the market has shown positive sentiment as buyers have made supply security their priority.

India: Sulphuric Acid Industrial Grade (98%) Domestically Traded price in India, Grade: 98%.

According to Price-Watch, The domestic Sulphuric Acid price trend in India have decreased noticeably during Q3 2025 due to sufficient supply from the coastal acid plants and lower demand from phosphate fertilizer and chemical manufacturers. The prices have decreased including: the Ex-West India price which has dropped 14.08% to USD 120-150 per metric ton, the Ex-North India price has fallen 9.29% to USD 150-180 per metric ton.

The Ex-East India price has eased 8.81% to USD 130-160 per metric ton and the Ex-South Indian price which has dropped 12.53% to USD 130-170 per metric ton. However, in September 2025, Sulphuric Acid prices in India have increased marginally by 0.89%, compared to the previous month reflecting stability in Sulphuric acid market.

Buyers are taking a wait-and-see stance, as domestic inventories are high and import prices are competitive forcing sellers to reduce prices to stimulate offtake. Overall, market sentiment has generally been bearish, as end-users optimize their consumption of Sulphuric Acid.

In Q2 2025, Sulphuric Acid prices followed a fluctuating trend. In April 2025, Sulphuric acid prices rose due to stronger demand from the fertilizer and chemical manufacturing sectors in East Asia.

Regional export hubs including South Korea, Japan, Mexico, and Spain also experienced upward price movements supported by tight inventories and an uptick in seasonal orders. However, by May, demand from key downstream consumers in China, South Korea, and Japan weakened, leading to a correction in prices.

Buyers showed reduced urgency amid high stock levels and uncertain short-term outlooks. In contrast, Mexico and Spain continued to see price increases driven by steady agricultural consumption and limited regional production.

By June, Chinese export prices rebounded as demand from the mining and battery sectors picked up slightly, coupled with tightening local supply. According to PriceWatch, Sulphuric acid prices rose to USD 82/MT FOB Qingdao by the end of the quarter.

In Q2 2025, the Sulphuric Acid market in India saw a downward pricing trend across all major regions for the majority of the quarter. However, in April 2025, Sulphuric acid prices rose due to strong seasonal demand from fertilizer and agrochemical industries during the pre-monsoon sowing cycle. This short-lived bullish sentiment was supported by higher offtakes across West, North, East, and South India.

However, in May, prices began to soften as monsoon forecasts led to cautious bulk buying and improved availability from domestic producers. With sufficient inventories and reduced procurement pressure from downstream users, a bearish sentiment prevailed across all regions.

This downtrend continued through June, when agricultural activity slowed and demand from the mining and chemical processing sectors remained muted. As a result, buyers negotiated lower contracts amid ample supply and soft end-use consumption. According to PriceWatch, Sulphuric acid prices were declined to USD 142/MT Ex-West India, by the end of June 2025. 

In Q1 2025, Sulphuric Acid Industrial Grade (98%) prices across China, Japan, South Korea, and the USA followed a fluctuating trajectory. Sulphuric acid prices declined in January due to sluggish demand and steady supply conditions. However, by February, a revival in industrial consumption and firming feedstock costs began to push prices upward.

The uptrend gained momentum in March 2025, driven by heightened demand from manufacturing sectors, restocking activities, and tighter supply. In China, the quarter ended with the price of USD 86/MT FOB Qingdao in March 2025, reflecting the sharpest monthly increase of the quarter.

Similar trends were observed in Japan, South Korea, and the USA where initially prices showed stagnancy, however prices show resurgence in the latter half of the first quarter of 2025.

Sulphuric acid prices in India climbed steadily throughout Q1 2025, closing March 2025 at USD 180-182 per MT Ex-South India. This consistent rise reflects not just recovering demand and escalating feedstock costs, but a decisive regulatory shift in India’s sulphuric acid market.

The government’s policy mandating the use of virgin sulphuric acid over recycled or by-product forms has reshaped procurement dynamics. Compliance enforcement, coupled with penalties for non-adherence, has limited alternative supply routes tightening availability and driving prices upward.

The market now faces structural constraints, with producers and traders aligning closely to the new standards. Unless new virgin acid capacity is added, the current elevated pricing is expected to persist into the next quarter. This trend underscores the increasing influence of policy on industrial commodity markets in India. 

Sulphuric Acid Price Trend Analysis: Q4 2024

The South Korean Sulphuric Acid (98%) market displayed a mixed trajectory in Q4 2024. Prices declined in October amid weak demand but began recovering in November, gaining momentum in December due to stronger industrial activity and tightening supply. China recorded steady month-on-month price increases, driven by firm consumption.

Japan mirrored South Korea’s trend, while Mexico saw gains in October and November, followed by a dip in December. Spain aligned with China’s consistent growth. After the conclusion of December 2024, Sulphuric Acid prices in South Korea were assessed at USD 52 per MT FOB Busan.

The final quarter of 2024 saw sulphuric acid prices peak, driven by year-end stockpiling, strong industrial demand, and rising input costs. West India registered prices at USD 140.7 per MT in December it’s highest for the year. The quarter’s bullish tone was shaped by robust fertilizer offtake, limited supply from domestic refiners due to maintenance shutdowns, and climbing sulphur costs globally.

Regulatory developments around purity standards and stricter quality compliance also supported higher pricing. Market sentiment closed strong, with expectations of continued firmness into early 2025 unless new capacities emerge.

In Q3 2024, Japan’s Sulphuric Acid Industrial Grade (98%) market showed a consistent upward trend. Prices increased in July, continued to rise in August, and the upward momentum carried into September.

The market was supported by steady industrial demand and firmer supply conditions. In China, prices saw a steady increase throughout the quarter, driven by sustained consumption and stronger downstream activity.

South Korea followed Japan’s trend, with prices rising each month. Mexico, however, faced a downturn, with prices declining month-on-month through the quarter. Spain mirrored China’s trend, with prices consistently rising each month. After the conclusion of September 2024, Sulphuric Acid prices were assessed at USD 45 per MT FOB Tokyo.

Prices began to rebound in Q3 as industrial activity regained pace and domestic demand improved. In South India, sulphuric acid prices rose to USD 110-115 per MT by September 2024, fuelled by a resurgence in fertilizer production and petrochemical processes. The turnaround was supported by tightening supplies and a return of seasonal demand from agrochemical manufacturers.

A gradual rise in feedstock sulphur prices also contributed to the recovery. As production stabilized and inventories normalized, buyers returned to the market, firming prices across all regions.

In Q2 2024, China’s Sulphuric Acid Industrial Grade (98%) market experienced consistent price growth across all three months April, May, and June driven by strong downstream demand and rising industrial activity. The steady uptrend reflected market confidence supported by higher feedstock costs and ongoing restocking efforts.

In Japan, prices increased in April and May, but remained stable in June, showing signs of market balance. South Korea followed a similar trend, recording gradual increases throughout the quarter. Meanwhile, Mexico witnessed a continuous decline in prices due to weak demand and competitive international supply.

Spain’s market dipped in April but showed recovery with price gains in both May and June, indicating improving consumption. After the conclusion of June 2024, Sulphuric Acid prices in China were assessed at USD 46 per MT FOB Qingdao.

The second quarter marked a dramatic price correction, with sulphuric acid values plunging due to oversupply and a slowdown in industrial demand. East India prices dropped sharply to USD 65-75 per MT in May 2024, mirroring similar trends nationwide. Seasonal slowdown in downstream sectors, particularly agriculture and textiles, and higher base inventories suppressed buying interest.

The correction was further exacerbated by logistical bottlenecks and reduced exports. This sharp dip, however, was short-lived, setting the stage for a recovery in the second half of the year.

In Q1 2024, China’s Sulphuric Acid Industrial Grade (98%) market experienced a slow start, with prices declining through January and February due to weak demand and comfortable inventory levels amid Lunar New Year holidays. However, March brought a notable rebound as industrial activity picked up and restocking began, pushing prices upward by the end of the quarter.

Japan’s market saw consistent month-on-month price declines, mainly due to sluggish exports and limited domestic consumption. South Korea followed a similar path, mirroring Japan’s downward trend throughout the quarter. Mexico’s prices remained largely stable in the first two months, with a slight uptick observed in March.

Spain followed the same pattern as Japan and South Korea, reflecting continued weakness in industrial demand. After the conclusion of March 2024, Sulphuric Acid prices in China were assessed at USD 37 per MT FOB Qingdao.

Sulphuric acid prices showed moderate fluctuations across India in Q1 2024, reflecting early-year industrial resets and cautious procurement. In North India, prices stood at USD 120-125 per MT in March 2024, reflecting steady demand from fertilizer and chemical segments.

However, by March, most regions, including East and West India, had registered a soft decline as stock drawdowns and deferred procurement weighed on buying sentiment.

The quarter closed slightly weaker, though not indicative of any fundamental supply-demand shifts rather a seasonal breather as industries recalibrated post-yearend.

Technical Specifications of Sulphuric Acid Price Trends

Product Description

Sulphuric Acid is a dense, highly corrosive mineral acid notable for its strong dehydrating and oxidizing properties. Produced primarily through the contact process from sulfur dioxide. It is characterized by high chemical reactivity and stability under controlled conditions.

Its ability to participate in a wide range of chemical reactions makes it a fundamental substance in various industrial processes, including pH adjustment, catalytic transformations, and mineral treatment. The combination of its versatility, reactivity, and robustness underpins its critical role as a core industrial chemical.

Identifiers and Classification:

  • CAS No: 7664-93-9
  • HS Code: 280700
  • Molecular Formula: H₂SO₄
  • Molecular Weight[g/mol]: 98.08 g/mol


Sulphuric Acid Synonyms:

  • H₂SO₄
  • Oil of Vitriol
  • Battery Acid
  • Hydrogen Sulfate
  • Vitriol
  • Dihydrogen Sulfate


Sulphuric Acid Grades Specific Price Assessment:

  • Industrial Grade (98%)


Sulphuric Acid Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-30 MT
  • Packaging Type (Product & Country Specific): Intermediate Bulk Container (IBC) Drum (1.6 MT), Tanker


Incoterms Referenced in Sulphuric Acid Price Reporting

Shipping Term  Location  Definition 
FOB Qingdao  Qingdao, China  Sulphuric Acid export price from China 
FOB Busan  Busan, South Korea  Sulphuric Acid export price from South Korea 
FOB Tokyo  Tokyo, Japan  Sulphuric Acid export price from Japan 
FOB Nogales  Nogales, Mexico  Sulphuric Acid export price from Mexico 
FOB Barcelona  Barcelona, Spain  Sulphuric Acid export price from Spain 
Ex-West India  West India  Domestically traded Sulphuric Acid price in West India 
Ex-North India  North India  Domestically traded Sulphuric Acid price in North India 
Ex-East India  East India  Domestically traded Sulphuric Acid price in East India 
Ex-South India  South India  Domestically traded Sulphuric Acid price in South India 

*Quotation Terms refers to the quantity range specified for the Sulphuric Acid being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Sulphuric Acid packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Sulphuric Acid Manufacturers

Manufacturer 
Hindustan Zinc Ltd.  
Trident India  
Prakash Chemicals International Pvt. Ltd. (PCIPL)  
Amal Ltd.  
Tata Chemicals Ltd.  
Vizag Chemicals  
Tanfac Industries Ltd.  
The Andhra Sugars Ltd.  
IOCL  
OCCL  
Grasim  
FACT  
Wylton Group  
Jiangxi Copper Corporation  
Hubei Sinophorus Electronic Materials Co., Ltd.  
Jiangsu Mingsheng Chemical Co., Ltd.  
Korea Zinc Co., Ltd.  
Namhae Chemical Corporation  
Sumitomo Metal Mining Co., Ltd.  
Furukawa Co., Ltd.  
Grupo Fertinal S.A. de C.V.  
Industrial Minera México S.A. de C.V.  
Mexicana de Cobre (parte de Minera México)  
Atlantic Copper  
Befesa 

Sulphuric Acid Industrial Applications

sulphuric acid market share end use

Historically, several events have caused significant fluctuations in Sulphuric Acid prices

India’s Virgin Acid Policy Shift (Late 2024–2025): In late 2024, India introduced strict regulations promoting the use of virgin sulphuric acid over by-product or recycled variants. This shift led to a contraction in available supply, forcing producers to adjust output and traders to source more costly virgin material. Prices rose consistently across major Indian hubs in early 2025, and with penalties for non-compliance, this policy reshaped domestic market dynamics significantly.
China’s Environmental Crackdowns (2022–2023): China’s push for stricter environmental regulations led to the shutdown of several non-compliant sulphuric acid plants. As one of the world’s largest producers and consumers, the supply reduction caused domestic prices to jump and affected global trade flows. Import dependency increased across Asia, pushing up prices in key markets like India, South Korea, and Southeast Asia during this period.
Global Fertilizer Demand Surge (2021–2022): The post-COVID agricultural rebound saw a surge in global fertilizer demand, especially phosphates, which rely heavily on sulphuric acid. Tight supply chains, energy shortages in Europe and China, and rising raw material costs caused sulphuric acid prices to spike globally. Producers faced both logistical and cost pressures, making 2021–2022 one of the most volatile periods for sulphuric acid in recent memory.

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global sulphuric acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the sulphuric acid market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence sulphuric acid prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely sulphuric acid market data.

Track Price Watch's™ sulphuric acid price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Sulphuric Acid Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Sulphuric acid prices are influenced by several key factors. The foremost is feedstock cost, primarily elemental sulphur, which fluctuates based on oil refining and natural gas markets. Demand patterns from fertilizer, chemical, and mining sectors also impact pricing.

Additionally, logistics and regional supply constraints, regulatory changes, and global economic conditions (such as inflation and exchange rates) can affect prices. Environmental regulations and production disruptions, like plant shutdowns or policy shifts, can lead to sudden price hikes or shortages, making the market volatile and regionally sensitive.

Effective negotiation starts with market research know prevailing prices and trends. Leverage volume purchases or long-term contracts to secure better rates. Maintain multiple supplier relationships to increase bargaining power and reduce dependency. Consider flexible payment terms, such as early payment discounts or extended credit.

Also, assess supplier reliability consistent quality, timely delivery, and regulatory compliance can justify better pricing. Highlight your procurement consistency or strategic relevance to the supplier to gain more favourable terms. Regular performance reviews can also help identify opportunities for renegotiation.

Sulphuric acid procurement carries risks such as price volatility, supply chain disruptions, regulatory changes, and quality inconsistencies. Prices can fluctuate due to raw material costs, seasonal demand shifts, or geopolitical tensions.

Mitigate these by diversifying suppliers, entering price-lock contracts, and maintaining a safety stock. Regulatory risks, such as purity mandates or import restrictions, require close monitoring and compliance.

Always ensure suppliers meet safety and quality standards to avoid operational downtime or fines. Establishing strong supplier relationships and a responsive procurement strategy helps mitigate most operational and commercial risks.

Sulphuric Acid (H₂SO₄) is one of the most important industrial chemicals globally, widely used in fertilizers, petroleum refining, metal processing, chemical manufacturing, batteries, and wastewater treatment.

It is often called the ‘king of chemicals’ because almost every major industry depends on it in some form. Its price matters because it directly affects fertilizer production costs, mining operations, steel processing, and overall industrial manufacturing expenses, meaning even small price changes can impact agriculture, FMCG, and heavy industries.

Price-Watch™ tracks Sulphuric Acid prices to help businesses stay updated on market trends and cost movements.

Sulphuric Acid prices vary depending on grade (commonly 98% industrial), region, supply availability, and demand from fertilizer and industrial sectors, and are typically quoted per metric ton in bulk trade.

Sulphuric Acid Prices fluctuate due to sulphur feedstock costs, smelter output, energy prices, freight rates, and seasonal fertilizer demand, making them highly dynamic across global markets.

Regions with strong smelting activity may have different pricing compared to import-dependent regions. Price-Watch™ provides updated Sulphuric Acid price assessments across key global markets.

Sulphuric Acid prices are mainly influenced by sulphur supply, smelter activity, fertilizer demand (especially phosphate fertilizers), and industrial consumption. Seasonal agricultural demand also plays a big role. When fertilizer demand rises, prices usually increase, while oversupply or weak industrial activity can push prices down.

The largest consumer is the fertilizer industry, especially phosphate fertilizer production. Other major users include metal processing (copper and zinc refining), chemical manufacturing, petroleum refining, and battery production (lead-acid batteries). Price-Watch™ tracks demand trends across all these sectors.

Sulphuric Acid is mainly produced through the contact process using sulphur dioxide, which is obtained from burning elemental sulphur or as a by-product from metal smelting. The gas is converted into sulphur trioxide and then absorbed in water to produce concentrated acid. Production depends heavily on industrial sulphur availability.

Major exporters include countries with strong chemical and refining industries such as China, Japan, South Korea, and the United States. Export volumes depend on domestic consumption, smelter output, and global fertilizer demand. Price-Watch™ monitors international trade flows and supply balances.

Generally, global supply is sufficient, but tightness can occur due to smelter shutdowns, reduced sulphur output, transport issues, or sudden spikes in fertilizer demand. Because it is often a by-product, supply is closely tied to other industrial cycles rather than standalone production.

Common grades include 98% concentrated acid, battery acid, and technical grade. Prices vary based on purity, intended use, storage requirements, and transportation safety standards. Higher purity and specialized grades typically cost more due to additional processing and handling needs.

When demand rises sharply especially from fertilizer manufacturers prices increase quickly, and supply shortages may appear in some regions. Logistics constraints and limited storage capacity can further tighten availability. Price-Watch™ captures these sudden market shifts in real time.

Sulphur is the primary raw material, so any increase in sulphur prices directly raises Sulphuric Acid production costs. Additionally, energy costs and smelter by-product availability also influence pricing. Producers often pass these cost changes to buyers.

Prices differ due to transportation costs, local production capacity, availability of sulphur, industrial demand, and import/export restrictions. Regions near smelters or large fertilizer plants often have lower prices compared to import-dependent markets.

The Sulphur price outlook depends on several factors including global fertilizer demand, refinery operating rates, crude oil production trends, and economic growth.

Expansion in phosphate fertilizer capacity and increased agricultural demand can support prices, while higher refinery output may increase supply. Market forecasts also consider geopolitical developments and trade policies.

Price-Watch™ publishes detailed forecasts projecting Sulphur price direction over the next 3 months.

Yes, Sulphuric Acid price forecasts are highly valuable for businesses in fertilizers, chemicals, metallurgy, and battery manufacturing. They help companies plan procurement strategies, optimize inventory levels, negotiate long-term contracts, and manage cost risks more effectively.

Since Sulphuric Acid prices are closely linked to sulphur availability and industrial demand cycles, accurate forecasting improves budgeting and strengthens market competitiveness. Price-Watch™ provides reliable insights to support smarter decision-making.

Global events such as geopolitical tensions, disruptions in mining and smelting operations, energy market volatility, trade restrictions, and shipping delays can significantly impact Sulphuric Acid supply chains.

Since a large portion of Sulphuric Acid is produced as a by-product of metal smelting and sulphur processing, any slowdown in these industries directly affects availability.

Environmental regulations and industrial shutdowns can also shift supply-demand balance and influence prices. Price-Watch™ delivers timely updates on such market-moving developments.

Price-Watch™ collects data from producers, smelters, traders, chemical manufacturers, and end-users to publish transparent Sulphuric Acid price assessments, market intelligence reports, and forward-looking forecasts.

This helps industry stakeholders track real-time market movements, understand price drivers, and make informed procurement and risk management decisions in a constantly changing global market.

Access Real-Time Sulphuric Acid Price Trends
Access Real-Time Sulphuric Acid Price Trends