Copper Sulphate Price in India

• India: 2543 USD/MT

The Indian copper sulphate market achieved stability starting from the last quarter of 2023, thanks to consistent demand and advantageous feedstock expenses. This stable environment enhanced market conditions, resulting in a steady evaluation of copper sulphate prices at 2543 USD/MT Ex-Mumbai.

The latest report by IMARC Group, titled "Copper Sulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of copper sulphate prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Copper Sulphate Prices December 2023:

• India: 2543 USD/MT

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The study delves into the factors affecting copper sulphate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

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Copper Sulphate Price Trend- Q4 2023

The copper sulphate market is driven by a diverse set of factors, reflecting its wide range of applications across various industries. Predominantly, its role in agriculture as a fungicide and soil additive stimulates significant demand, with the growing need to increase agricultural yield driving its consumption. Additionally, the rise in mining activities, where copper sulphate is used in flotation processes, contributes to its market growth. The expanding sectors of electronics and chemicals also play a crucial role, given copper sulphate's application in electroplating and as a raw material in the manufacture of other copper-containing compounds. Emerging trend in bioenergy and the increasing focus on water treatment have further propelled the demand for copper Sulphate, leveraging its properties to remove impurities and inhibit bacterial growth. The combined effect of these drivers, from agriculture to water treatment, underscores the dynamic and growing market for copper sulphate.

Copper Sulphate Market Analysis

The global copper sulphate market size reached 432.6 Kilo Tons in 2023. By 2032, IMARC Group expects the market to reach 524.4 Kilo Tons by 2032, at a projected CAGR of 2.10% during 2023-2032. The prices of copper sulphate in the last quarter have been influenced by a complex interplay of factors, including raw material costs, demand dynamics, and global economic conditions. Copper prices, being a primary input for copper sulphate production, play a significant role. Fluctuations in the price of raw copper, driven by changes in mining output, trade policies, and global demand for copper products, directly impact copper sulphate pricing. Additionally, the cost of sulfuric acid, another key input, influenced by the oil and gas market trend, also affects production costs and, consequently, copper sulphate prices.

Moreover, demand from major application sectors, particularly agriculture and mining, has a profound effect on price trend. Seasonal demand variations in agriculture, dictated by planting cycles and crop disease outbreaks, can lead to significant price volatility. Similarly, the health of the global mining sector, influenced by economic growth rates, technological advancements, and regulatory changes, impacts demand for copper sulphate in mineral processing applications. External economic factors, including currency exchange rates, transportation costs, and tariffs, further complicate the pricing landscape. The recent quarter might have seen specific events—such as changes in environmental policies, shifts in agricultural practices, or disruptions in supply chains—that additionally influenced copper sulphate prices, reflecting the market's sensitivity to a wide range of global economic and environmental factors.

The demand for copper sulphate in North America is mostly driven by agricultural, water treatment, and individual usage. The demand for the chemical is subject to oscillations in certain sectors, such as construction and infrastructure, which are dependent on ongoing projects and economic situations. The Asia-Pacific copper sulfate market saw dramatic pricing changes in Q4 2023. Prices first grew due to strong local demand and rising feedstock costs for copper. Later, nevertheless, the pricing environment varied throughout the region. Due to continuous demand and lower feedstock costs, India maintained stability in prices, while China experienced a fall due to weekend demand, large inventory levels, and government interventions. Copper sulphate is in consistent demand in Europe due to its use in agriculture, water treatment, and other industries. However, depending on ongoing initiatives, certain sectors, like construction, may undergo volatility.

Browse Full Report: https://www.imarcgroup.com/copper-sulphate-pricing-report

Key Points Covered in the Copper Sulphate Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Copper Sulphate Prices
• Copper Sulphate Price Trend
• Copper Sulphate Demand & Supply
• Copper Sulphate Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Copper Sulphate Price Analysis
• Copper Sulphate Industry Drivers, Restraints, and Opportunities
• Copper Sulphate News and Recent developments
• Global Event Analysis
• List of Key Players

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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