Sulfuric acid prices rose sharply through the first half of 2026 before retreating from their mid-year peak as supply conditions loosened. Weak downstream demand has contributed to the easing, though the commodity remains a critical revenue buffer for copper smelters facing squeezed processing margins. The price trajectory reflects the interplay between by-product supply dynamics and broader industrial demand.
China's 98% smelting sulfuric acid price eased over the week as spot trading weakened and recovering supply added pressure. Elevated sulfur and metal ore costs provided partial support, but the market faces further downside as lower-priced regional supplies increase competitive pressure.
Asia
Ammonium persulfate is primarily produced by the electrochemical oxidation of ammonium sulfate using sulphuric acid as a catalyst. Therefore, the price trajectories of both ammonium persulfate and its feedstock ammonium sulfate show a close alliance with each other.
Consumption by the downstream polymer industries greatly influenced the price trajectory for ammonium persulfate during the said period. Since the feedstock ammonium sulfate prices fluctuated at the lower end of the curve, ammonium persulfate did not have much upstream cost support for the said duration. The consuming sector was also underwhelming for the most part. Therefore, ammonium persulfate prices were found to be fluctuating in a confined manner during Q1’24. Overall, dull market sentiments were found for ammonium sulfate throughout the said period.
Europe
Ammonium sulfate price trend in European markets resembled its Asian counterparts during the said time period. The economic and industrial activities in the region were already struggling as the long stretched Russian war was taking a serious toll on the region’s economy. Amidst all this, another war front opened in the Middle East with an escalation of the Israel and Hamas conflict. Thereby, the supply chains crumbled even more for European suppliers. Unsustainable upstream costs amidst a gloomy geopolitical outlook took a serious hit on the market’s confidence. Stakeholders acquired a wait-and-watch approach. Conclusively, an overall weak market performance was witnessed.
North America
The American market situation for ammonium persulfate was not much different from other major global markets since the price outlook struggled to sustain its momentum here as well. Sluggishness in the international markets also pulled the prices in the American markets down. The rise in the crude and petroleum prices did push the upstream costs marginally; however, a weaker demand dynamic dominated the market. Overall, a tepid price trajectory was witnessed for ammonium persulfate during Q1’24.
Analyst Insight
According to Procurement Resource, the current sluggishness in the global ammonium persulfate market is likely to persist in the coming months as well since the current inventory stock is sufficient for estimated demands. A similar price performance is expected in the coming quarter as well.
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Ammonium persulfate (APS) is a white, crystalline, odorless salt used primarily as a strong oxidizing agent in various industrial applications. APS is widely used in the polymer industry to initiate the polymerization of certain plastics, in the cosmetics industry as a bleaching agent, and in the electronics industry for etching copper on printed circuit boards. It also serves as a cleaning and descaling agent, playing a crucial role in water treatment processes and laboratory settings for DNA sequencing.
(NH4)2S2O8
Polymers, Electronics, Cosmetics, Textiles, Water Treatment, Paper & Printing
PeroxyChem, Fujian ZhanHua Chemical, Yatai Electrochemistry, Hebei Jiheng Group, Huaxing Chemicals, Shaanxi Baohua Technologies
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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