LONDON, Oct. 25, 2012 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a new weekly sulphuric acid pricing and analysis service, Argus FMB Sulphuric Acid. With a range of reports covering regional and international fertilizer markets, available in English and Russian, Argus offers the most extensive fertilizer coverage of any publisher.
The sulphuric acid market is set to grow in the coming years to accommodate increasing demand from the metal leaching, chemical and fertilizer industries. The new weekly pricing report is essential for anyone with exposure to this growing yet opaque market. It is produced by a team of specialist market editors in London as well as Argus' global network of correspondents.
Sulphuric acid prices are driven primary by the trading of smelter acid, which accounts for around 30pc of global production. The use of sulphur-based sulphuric acid, representing 60pc of world production, for phosphate fertilizer manufacture also plays an important role in establishing acid demand and price levels. Argus FMB Sulphuric Acid includes nine new price assessments for Latin and North America, northern and southern Europe, Africa and Asia. A fundamentals section analyses the impacts of metals and sulphur supply, use in leaching projects, metal prices and fertilizer demand. The new report also includes information about sulphuric acid plant shutdowns and curtailments, spot freight rates for nine key routes, trade statistics and full market commentary.
"Argus FMB Sulphuric Acid is a welcome addition to our fast growing portfolio of fertilizer services," Argus Media chairman and chief executive Adrian Binks said. "The new service will add much needed transparency to the international sulphuric acid markets which are so important both in fertilizer production and in the metals industry."
Argus already publishes price assessments for the international fertilizer markets in Argus FMB Ammonia, Argus FMB Nitrogen, Argus FMB Potash, Argus FMB Phosphates and Argus FMB Sulphur.
Request more information about Argus FMB Sulphuric Acid.
About Argus Media
Argus is an independent media organisation with more than 450 staff. It is headquartered in London and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments and commentary, and business intelligence reports that analyse market and industry trends.
More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets. They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest.
Argus is a leading provider of price assessments, business intelligence, market data, consultancy services and conferences on the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical and transportation industries. Data provided by Argus are widely used by companies and taxation authorities for indexation of physical trade. Companies, governments and international agencies use Argus information for analysis and planning purposes.
Argus has 19 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.
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SOURCE Argus Media