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Robert Friedland notes Russia bans sulphuric acid exports following previous sulphur curbs

Robert Friedland notes Russia bans sulphuric acid exports following previous sulphur curbs
Russia bans sulphuric acid exports

Russia has enacted a ban on the export of sulphuric acid, following its prior restrictions on elemental sulphur shipments late last year. The move aims to safeguard the country's agricultural sector in response to declining sulphur production. Tweet author Robert Friedland reported that the new measures mirror earlier efforts intended to prioritize domestic supply for Russian agriculture. This development could impact global supply chains for fertilizers and related industries, as Russia plays a significant role in sulphur and sulphuric acid markets.

Recent comments by Robert Friedland have highlighted ongoing disruptions in the sulphuric acid market. He previously reported that sulphuric acid supply constraints in the DRC Copperbelt drove Kolwezi spot prices above $1,300 per tonne. Friedland also pointed to record copper prices above $14,500 per tonne on the LME lifted by strong demand and limited supply.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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