H Acid Prices Index: Trend, News, Graph and Demand
The H Acid market experienced fluctuating price dynamics across major regions during the first quarter of 2025, influenced by multiple factors including downstream demand patterns, feedstock price volatility, global trade regulations, and logistical developments. In North America, H Acid prices showed a marginal decline during Q1 2025, primarily driven by weak demand from the textile and dyes sectors. Despite the traditional seasonal restocking phase in January, demand remained lackluster, reflecting cautious procurement behavior among textile manufacturers. The slowdown was exacerbated by increased competition among shipping companies, which improved logistical efficiencies and allowed for cheaper imports from Asian markets, especially China. This enhanced accessibility to competitively priced imports placed additional downward pressure on domestic H Acid prices.
During February, the cautious stance adopted by downstream consumers persisted, with many textile processors reducing their procurement volumes due to ongoing market uncertainty. Even as the spring buying season approached, which typically stimulates demand in the textile industry, new orders for H Acid remained subdued. The imposition of tariffs on chemical imports created an atmosphere of unpredictability, further hampering market confidence and delaying purchasing decisions. Interestingly, although prices exhibited a declining trend throughout Q1, the average H Acid price in the United States during this period recorded a modest increase of around 1.3% when compared to the previous quarter. This slight increase can be attributed to the sharp drop in prices witnessed in October 2024, which had significantly depressed the quarterly average in Q4 2024, thus making the slightly higher Q1 2025 average appear relatively improved despite the ongoing bearish sentiment.
Get Real time Prices for H Acid: https://www.chemanalyst.com/Pricing-data/h-acid-1550
In the Asia-Pacific region, H Acid prices followed a similarly soft trajectory during the first quarter of 2025, with the market sentiment largely dictated by sluggish demand from downstream textile manufacturers. In January, a notable decline in key feedstock prices such as Naphthalene and Sulfuric Acid significantly reduced production costs for manufacturers. However, this cost advantage was offset by the tepid demand that kept buying activity limited. Several production units, including major players like Jiangsu Jihua Chemical and Zhejiang RIWA CHEMICALS, temporarily shut down operations for maintenance in late January, aligning supply levels with the prevailing low demand. February brought no relief, as the looming possibility of US tariff impositions on Chinese chemical exports contributed to widespread market caution. This uncertainty discouraged aggressive buying and resulted in many buyers maintaining minimal inventory levels. Despite the restrained demand, Chinese H Acid producers reported stable inventory levels and operational flexibility, enabling them to meet order requirements without significant delays. By March 2025, a surge in the prices of critical feedstocks such as Naphthalene and Sulfuric Acid began to provide cost support to manufacturers, helping to stabilize H Acid prices. As a result, average prices in China settled at around USD 4950 per metric ton on an FOB Qingdao basis, maintaining a flat to slightly firm trend by the end of the quarter.
In the European market, H Acid prices mirrored the global trend, registering a minor decline over the course of the first quarter. The sluggishness was evident from January, when downstream demand from the azo dye sector remained muted despite expectations for post-holiday restocking. The market was further impacted by the influx of lower-cost imports from Asia, facilitated by improved logistics and reduced freight costs. These cheaper alternatives from overseas suppliers exerted additional pressure on domestic European producers. February continued to see weak offtake from the textile sector, as buyers maintained a cautious procurement approach amid ongoing economic uncertainties. March, which usually marks the beginning of the spring demand cycle, failed to provide the expected boost in market activity. The presence of trade policy concerns, including the impact of international tariffs, led to a risk-averse attitude among consumers, thereby limiting new orders for H Acid. Market participants continued to operate in a wait-and-see mode, preferring to delay purchasing until greater clarity emerged around regulatory developments. By the end of March 2025, H Acid prices in Belgium were reported at USD 5059 per metric ton on a CFR Antwerp basis, reflecting a largely stable but slightly downward market trend.
Overall, the global H Acid market in Q1 2025 was characterized by subdued demand, cautious buying behavior, and minimal pricing fluctuations across key regions. The market remained under pressure from external macroeconomic factors such as feedstock price volatility, trade policy uncertainty, and competitive international pricing. Despite some signs of cost support from raw material price increases, the overall sentiment remained cautious as downstream sectors, particularly textiles and dyes, struggled to generate substantial demand recovery. While regional price variances were marginal, the overarching global trend pointed to a fragile balance between supply and demand, with market players closely monitoring geopolitical and economic signals to guide their purchasing strategies. The outlook for the coming quarters will largely depend on the stabilization of trade policies, recovery in downstream textile manufacturing, and the evolution of feedstock markets, all of which are expected to shape the future trajectory of H Acid prices on a global scale.
Get Real time Prices for H Acid: https://www.chemanalyst.com/Pricing-data/h-acid-1550
Contact Us:
ChemAnalyst
GmbH - S-01, 2.floor, Subbelrather Straße,
15a Cologne, 50823, Germany
Call: +49-221-6505-8833
Email: [email protected]
Website: https://www.chemanalyst.com