Price assessments for sulphuric acid were stable across the board this week, with limited new sales as demand from most sources was scarce while producers were also well- committed for now and under little pressure to accept current market prices. India remains one of the few areas of consistent spot demand and activity, as downstream production remains strong and the gap between sulphur and acid prices delivered to India creates incentives to purchase. Still, despite the firm demand and large price gap, buyers have been able to keep prices at single-digit CFR levels. This appears to be partly because of trader positions and partly because of surplus availability from Hindalco due to its own lack of downstream consumption.
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