• Description

Description

In the first quarter of 2022, the Sulphuric Acid Pricing in the North American region remained consolidated on the back of the strong Crude offers throughout the quarter. The market sentiments were remained uplifted throughout the quarter amidst the unprecedented gains in the international crude oil market and the cost side support from the upstream Sulphur was running high. Whereas, the demand from the agricultural and chemical intermediate sectors remained persistently healthy as the restrictions of China and Russia over the exports of raw materials and the food pricing index was persistently soaring against the shortage of fertilizers. As a ripple effect, the FOB Linden NJ (USA) discussions rose to USD 190 per tonne, during the quarter ending March 2022.

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