All Posts Tagged With: "Sulfuric Acid"
Oil Companies Profit from Sulfuric-Acid Market Boom
The sulfuric-acid market is booming and oil companies are reaping the rewards.
According to the London Times, the price of sulfur has risen from $50 to $500 a ton in under a year. More from this report:
“Shell is one of the most-efficient producers of sulphur,” Barry Clarke, a sulphur market analyst for Pentasul, said.
You’ve Never, Ever Considered This Agriculture Investment…
Interesting how certain threads come together…I read recently that copper producers are complaining about the skyrocketing costs of sulfuric acid. A few days later, I read about Mosaic, a fertilizer company – about how the rising cost of sulfuric acid could impact its profit margins.
Skyrocketing Costs of Sulfuric Acid
Interesting how certain threads come together… I read recently that copper producers are complaining about the skyrocketing costs of sulfuric acid.
Sulfuric Acid Spot Price Rises on Tight Supply
Sulfuric acid (or sulphuric acid, if you’re a Brit) may not be grabbing headlines, but as the spot price of this industrial chemical surges, some interesting investment plays open up.
Sulfuric acid is used in mining to extract copper, nickel and uranium. It is also used in steel manufacturing, fertilizer production and oil refining.
“What’s really kicked off demand for this chemical, however,” according to Chris Mayer in The Daily Reckoning, “is the surge in ethanol production — a double whammy for sulfuric acid.
Latest News
- Government Rescues Will Trigger a Bull Market in Gold11:22am CDT
- Natural Gas and Water Are the Investments of the Future2:41pm CDT
- J. Cristoph Amberger Says Buy Ford, Alon, GE, GM and GM Now11:00am CDT
- Get Ready for a Big Bear Market Bounce10:31am CDT
- Italy Shores Up Banking Sector as Recession Looms10:14am CDT
- Markets Plunge on Costly Credit, Paulson to Buy Bank Shares, IMF Warns of Global Recession10:09am CDT
- Why the Dow’s 40% Nosedive May Turn Into a Safe Landing10:01am CDT
- IBM Bucks Earnings Trend as Tech-Sector Stocks Trade Down to Bargain Levels9:55am CDT
- Andrew Snyder Says Potash Corp (POT) Still Has Further to Fall9:27am CDT
- Global Investing Roundups Friday, October 10th, 20089:14am CDT
- Early Indicators: Dow 5,000?8:18am CDT
- Chuck Butler: A New Trading Theme5:31pm CDT
- Damage Limitation in a Systemic Financial Meltdown3:55pm CDT
- Dow Plunges Below 9,000 Points3:39pm CDT
- Resource Stock Roundup Thursday, October 9, 20081:19pm CDT
- This Could Be Your Last Chance to Buy Gold Below $1,0001:16pm CDT
- Base Metals Savaged Again, but Aluminum Hanging In1:07pm CDT
- Sharp Drop in Gasoline Usage notes EIA, Crude Can’t Hang Onto $901:03pm CDT
- Central Banks Coordinate a Rate Cut, It May Not Be Enough12:57pm CDT
