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Aluminium Sulfide Price Trend and Forecast
Aluminium Sulfide Price Trend and Forecast
Aluminium Sulfide Regional Price Overview
Get the latest insights on price movement and trend analysis of Aluminium Sulfide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Aluminium Sulfide Price Trend for the Q1 of 2024
In the first quarter of 2024, aluminium sulfide prices began weakly due to global economic uncertainties, but optimism emerged by the end of January with anticipated lower interest rates and monetary support. Initially, the market volatility persisted amidst mixed signals and subdued industrial activities due to an explosion in Guinea that disrupted power supplies and boosted aluminium-related product prices. The potential bans on Russian aluminium exports further destabilized the market, leading to significant price surges, with the London Metal Exchange reporting a historic increase in aluminium prices.
Aluminium Sulfide Price Chart
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These bans, aimed at reducing funding for Russia's military actions, thus eventually drove the aluminium sulfide prices higher, although supply disruptions may be mitigated by sales to non-UK/US markets. Additional pressures include regulations on bauxite mining in Asia, which could deplete inventories due to environmental concerns, and increasing demand for aluminium sulfide in water treatment, paper, and dyeing industries driven by urbanization and industrialization. As a result, the aluminium sulfide market experienced significant fluctuations, influenced by geopolitical tensions, regulatory measures, and rising industrial demand.
Analyst Insight
According to Procurement Resource, the price of Aluminium Sulfide is expected to swindle under the pressure of uncertainties in the aluminium market and its influence on the production rates and market trajectory of aluminium sulfide.
Procurement Resource provides latest prices of Aluminium Sulfide. 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.
About Aluminium Sulfide
Aluminium sulfide (Al2S3) is an inorganic compound characterized by its gray or yellowish appearance and crystalline structure. It is highly reactive with water, decomposing to produce hydrogen sulfide gas and aluminium hydroxide. This compound has a high melting point of around 1,100°C and exhibits significant chemical reactivity, especially with acids and bases.
In industrial applications, aluminium sulfide is primarily used as a reagent in the production of hydrogen sulfide, a deoxidizing and desulfurizing agent in metallurgy, and an additive in ceramics and glass manufacturing. Its electronic properties also make it of interest in the semiconductor industry. Additionally, it serves as a precursor in the synthesis of various pharmaceuticals and agrochemicals, demonstrating its versatility across multiple industrial and scientific fields.
Aluminium Sulfide Product Details
| Report Features | Details |
| Product Name | Aluminium Sulfide |
| Chemical Formula | Al2S3 |
| Industrial Uses | Chemical Synthesis, Pharmaceutical and Pesticides, Metallurgy, Ceramics and Glass Manufacturing, Semiconductor Industry |
| Molecular Weight | 150.158 g/mol |
| HS Code | 2833 |
| CAS Number | 1302-81-4 |
| Supplier Database | Materion Corp, AkzoNobel, Alfa Aesar, Arkema SA, Otto Chemie Pvt Ltd, Buckman Laboratories, BASF |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Aluminium Sulfide Production Process
This exothermic synthesis involves the reaction of aluminium powder and sulfur at elevated temperatures which gives aluminium sulfide as the final product.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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