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Zinc Sulphate Pricing Trend and Forecast - Delhi
Tuesday, 29 November, 2022Item details
City:
Delhi
Offer type:
Offer
Item description
During the third quarter of 2022, Zinc Sulphate pricing witnessed plunging sentiments amidst a weak demand outlook. The increment in raw material costs and diminishing demand from the downstream fertilizer sector have subdued the market sentiments toward Zinc Sulphate. Furthermore, in response to recent increases in energy costs, European zinc smelters reduced output. The reduction in market values of upstream Zinc and Sulphuric Acid has curtailed the price movement of Zinc Sulphate in the domestic region. However, natural gas prices fluctuated as the European countries' demand remained uncertain. The purchasing power of the terminal consumer was inadequate, foreseeing rising inflation in the regional market. Thus, as a ripple effect of falling raw material Zinc and Sulphuric acid costs, the Zinc Sulphate prices plunged.
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/zinc-sulphate-1469
Contact No:- +13322586602
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/zinc-sulphate-1469
Contact No:- +13322586602