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 later half of the first quarter of 2025.





