International Arbitration AlertExecutive Summary
The global sulfuric acid market is in the middle of a supply shock not seen since 2008. Two independent events—the effective closure of the Strait of Hormuz to commercial shipping since late February 2026 and China’s reported export prohibition on sulfuric acid effective May 1, 2026—have converged to remove a substantial portion of available supply at a moment when the market had no buffer. The S&P Global Platts CFR Mejillones benchmark, the s...
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