Aluminium Sulfate Price Trend and Forecast

Aluminium Sulfate Regional Price Overview

Get the latest insights on price movement and trend analysis of Aluminium Sulfate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Aluminium Sulfate Price Trend For the Q3 of 24

The Aluminium Sulfate market experienced a notable upward trajectory during Q3 2024, primarily driven by rising feedstock costs and robust demand from key downstream industries. Prices of bauxite, essential raw materials for aluminium sulfate production, saw significant increases due to supply constraints and heightened global demand. This upward pressure on input costs compelled manufacturers to adjust their pricing strategies accordingly.
 

Aluminium Sulfate Price Chart

Please Login or Subscribe to Access the Aluminium Sulfate Price Chart Data
 

Demand for aluminium sulfate remained strong throughout the quarter, particularly from the water treatment and paper industries. The ongoing focus on water quality improvement in developing regions contributed to sustained demand in the water treatment sector. Concurrently, the paper industry's recovery from pandemic-related slowdowns further bolstered consumption.

Supply chain disruptions and logistical challenges persisted, albeit to a lesser extent than in previous quarters, adding to the overall price pressure. Some regions experienced temporary tightness in supply due to scheduled maintenance at key production facilities, further supporting the price increase.

Analyst Insight

According to Procurement Resource, Aluminium Sulfate prices are likely to continue their upward trend in the coming months. The current high feedstock costs, coupled with anticipated growth in demand will likely affect the market fundamentals.
 

Aluminium Sulfate Price Trend for First Half of 2024

Stay updated with the latest Aluminium Scrap prices, historical data, and tailored regional analysis
 

Aluminium sulfate is used as a coagulant in water and wastewater treatment to remove impurities by causing particles to clump together and settle out of the solution. It is produced industrially by reacting aluminium hydroxide with sulfuric acid. During the first half of the year 2024, the prices were mostly found riding up in the European market driven by the heavy incoming demands from the consuming sectors.

Steady and consistent growth was witnessed in the UK aluminium sulfate market. It was only at the very terminal phase of the second quarter that some slight backtracking was observed as the gap between the supply and demand outlooks receded slightly. The monthly average prices in the UK aluminium sulfate market went from about 252 USD/MT (8% Al2O3, CFR) in January’24 to around 279 USD/MT in June’24.

Analyst Insight

According to Procurement Resource, since the demand dynamic is supportive of the aluminium sulfate market dynamics, the prices are expected to showcase consistent improvements in the upcoming quarter.
 

Aluminium Sulfate Price Trend for the Second Half of 2023

Stay updated with the latest Aluminium Scrap prices, historical data, and tailored regional analysis
 

The aluminium sulfate prices were found to be fluctuating during the second half of the year 2023. After a gradual decline in the first half of the year, the prices fell further from July to August in the United Kingdom. However, after bottoming out, the price trend started inclining back again and showcased an approximate rise of about 29%.

In the UK, the average monthly prices went from around 175 USD/MT (8% Al2O3, CFR) in July’23 to about 227 USD/MT in December’23. Though the metal industry was struggling a little at the time, the aluminium sulfate market grew. Mainly because the market slump in the early months had emptied out the inventories, and the downstream demands maintained their momentum. Overall, positive market sentiments were witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Aluminium Sulfate price trends are expected to rise even further in the coming months as the demand trajectory looks very supportive of the current market trends.
 

Aluminium Sulfate Price Trend for the First Half of 2023

Aluminium sulfate prices were observed to be wavering at the lower side of the curve for the majority of the first half of the year 2023. The Chinese market was still trying to recover from the dire economic consequences of the Covid 19 pandemic, while the excess inventory stocks were concerning other major markets as well.

Though some occasional and temporary reverse fluctuations were witnessed at the time of the quarter shift, the prices were mostly teetering downwards. In the United Kingdom, the average monthly prices showed a 10% decline as the prices went from about 201 USD/MT (8% Al2O3, CFR) in January ‘23 to around 180 USD/MT in June’23. Overall, dull market trends were witnessed in H1’23.

Analyst Insight

According to Procurement Resource, the Aluminium Sulfate price trends will strive for improvement; thus, some inclination in prices is expected after a short-term continuation of the current trends.
 

Aluminium Sulfate Price Trend for the Second Half of 2022

Aluminium Sulfate price trend are directly dependent on that of its feedstocks cryolite and bauxite. Cryolite showed an upward trend in H2 2022. China is the biggest exporter of Aluminium Sulfate in the world. But the curtailed production capacities in H1 2022 due to Covid 19 lockdown policies strangled the market a lot. Quotations remained high from manufacturers, even though the low market didn’t support the high quotes.

In the middle of H2 due to freight interruptions and very high inflation upstream costs for the European market flung. But a global cutdown in industrial activity kept the demand in check.

So H2 2022 had a very mixed market sentiment for Aluminium Sulfate, where upstream costs pushed the prices up, but the slow market demands brought the prices back. American market too behaved in a similar manner. But as the Chinese industries resumed operations, the projections look somewhat promising.

Analyst Insight

According to Procurement Resource, the price trend for aluminium sulfate are expected to improve as the demand is expected to rebound, especially in the Asian market.
 

Aluminium Sulfate Price Trend For the First Half of 2022

Aluminium Sulfate is industrially manufactured via cryolite or bauxite. The price of feedstock cryolite remained stable throughout the year's first quarter. After the Lunar New Year break, the operating rates of the factories were not high, inventories were not under pressure, and the demand was stable; hence the feedstock cryolite prices averaged 7250 RMB/MT.

With the invasion of Ukraine by Russia in the last week of February, a substantial economic and political backlash was unleashed globally. The prices of all commodities rose due to trade bottlenecks and supply-side constraints.

The cryolite prices averaged around 7000-7600 RMB/MT in Shandong, China. Despite the rising operating costs, cryolite prices remained anchored in the market. Towards the end of June, the prices stabilized at around 7600 RMB/MT, and these higher quotations were justified due to the increased production costs, tight inventories, and tight supply lines. The inflated prices of feedstock cryolite affected the price trend for aluminium sulfate towards the higher end of the scale.

During the first half of the said year, the prices of feedstock bauxite averaged 67.62 Euro/DT Indonesian 49% min CIF China and 67.11 Euro/DT Guinean 45% min CIF China. However, the prices of mineral ores are expected to decrease in the coming months due to the demand destruction in the Chinese market and the baulking of buyers amid the speculations of a global recession. This will influence the prices of aluminium sulfate in the worldwide market.

Procurement Resource provides latest prices of Aluminium Sulfate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.