Acturial Data Science
Marketing & Advertising
In the third quarter of 2022, the requirement for Sulphuric Acid Prices is supported by a fluctuation in demand from downstream sectors. Projections for fertilizer demand losses are wide-ranging and, in several instances, overstated during the beginning of the quarter. The prices were observed to hover at USD 260/ton Sulphuric Acid FOB Linden NJ as recorded by ChemAnalyst pricing team data during the end of this quarter in the USA market. The demand from downstream also remained underwhelming as consumption from the fertilizer market decreased towards the end of the quarter. Because of higher volumes of demand at the end of the quarter, higher congestion at some US ports caused global supply chain challenges in the region.
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