China's July sulfuric acid exports plunge 99% YoY on export controls

China's sulfuric acid export market continued to operate at a minimal scale in July, as the implementation of domestic export control policies on sulfuric acid persisted. The plunge fundamentally reshaped China's sulfuric acid trade flows and intensified domestic supply pressures.

The July exports of sulfuric acid stood at only 1,000 tonnes, down 99.77% year-on-year and 0.40% month-on-month, with the average export price higher at $ 571.13/t, according to data from the General Administration of Customs of PRC (GACC). GACC data also shows that the cumulative export volume from January to