Zinc sulfate

Zinc Sulfate: Recent Commodity Market Intelligence Report

I. Market Price Dynamics
1. Domestic Market
- Monohydrated Zinc Sulfate: As of July 26, 2026, Henan Kaijie Water Treatment Co., Ltd. quoted RMB 6,500 per metric ton (national standard feed-grade, Zn content ≥34.5%).
- Heptahydrated Zinc Sulfate:
As of July 28, 2026: Gongyi Hengyi Water Treatment Co., Ltd. quoted RMB 8,800 per metric ton (Henan Province/Zhengzhou City); Hunan Yongshuo New Materials Technology Co., Ltd. quoted RMB 9,500 per metric ton (Hunan Province/Chenzhou City).
As of July 28, 2026: Changzhou Jiaye Chemical Co., Ltd. quoted RMB 5,300 per metric ton (Jiangsu Province/Changzhou City; Zn content 22%, 25 kg packaging); Henan Kaijie Water Treatment Co., Ltd. quoted RMB 4,800 per metric ton (Henan Province/Zhengzhou City; Zn content 22.5%).
Hubei Qiba Jiu Chemical Co., Ltd. quoted RMB 4,500 per metric ton (Hubei Province/Wuhan City; industrial grade, Zn content unspecified; another batch specified as 98% purity).
Shandong Fushengyong Trading Co., Ltd. quoted RMB 4,500 per metric ton (Shandong Province/Jinan City; industrial grade, Zn content 22.5%).
As of July 22, 2026, quotations in southern China ranged from RMB 7,400–7,900 per metric ton (inclusive of VAT) and RMB 7,100–7,400 per metric ton (exclusive of VAT).

2. Overseas Market: International zinc sulfate prices currently range between USD 600–700 per metric ton, exhibiting significant volatility driven primarily by global supply-demand dynamics, exchange rate fluctuations, and geopolitical factors.

II. Supply-Demand Analysis
1. Supply Side:
- Upstream production capacity utilization remains moderate; some manufacturers have curtailed output due to elevated raw material costs or tightened environmental regulatory compliance requirements.
- The sulfuric acid market is operating at elevated price levels. Concurrent maintenance shutdowns among smelting-acid producers and cost inversion between sulfuric acid derived from sulfur and that from smelting have jointly triggered a “dual supply contraction,” resulting in an estimated monthly output loss of 1.0835 million metric tons—exerting notable downward pressure on zinc sulfate production capacity.

2. Demand Side:
- Feed-grade zinc sulfate demand remains stable; agricultural applications—as a micronutrient fertilizer, particularly for specific high-value crops—continue to grow.
- Industrial demand for zinc sulfate—for applications such as electroplating and zinc alloy manufacturing—remains at a steady level.
- The new energy sector has emerged as a newly significant source of demand for sulfuric acid, thereby indirectly supporting the zinc sulfate market.

III. Cost Factors
1. Raw Material Costs: Primary raw materials for zinc sulfate—sulfuric acid and zinc oxide—are both experiencing upward pricing pressure. Elevated sulfuric acid prices coupled with rising zinc oxide costs are collectively exerting substantial upward pressure on zinc sulfate production costs.
2. Environmental Regulations: Increasingly stringent environmental legislation obliges chemical enterprises to incur higher compliance-related expenditures—including pollution control, waste treatment, and emissions monitoring—which are typically passed on to end-product pricing.

IV. Analytical Assessment
1. Short-Term Outlook:
- Driven by rising raw material costs and generally moderate upstream operating rates, zinc sulfate prices are expected to maintain firmness in the near term.
- Stable feed-grade demand, sustained industrial consumption, and growing traction from the new energy sector collectively provide robust underlying support for market fundamentals.

2. Long-Term Trend:
- Global economic evolution and policy shifts will increasingly influence zinc sulfate pricing, with key variables including international supply-demand balance, foreign exchange volatility, and geopolitical developments.
- Ongoing tightening of environmental regulations and rapid expansion of the new energy sector are poised to exert profound, structural impacts on the zinc sulfate market over the medium-to-long term.

V. Forecast
1. Price Forecast:
- In the short term, zinc sulfate prices are projected to remain at elevated levels, with potential further upside pressure stemming from continued raw material cost inflation.
- Over the longer term, zinc sulfate prices are anticipated to exhibit an overall upward-trending pattern characterized by volatility; however, the magnitude of gains will depend on multiple interrelated factors—including supply-demand equilibrium, raw material cost trajectories, and evolving policy frameworks.

2. Market Recommendations:
- For producers: Closely monitor raw material market developments and optimize production scheduling to mitigate input cost pressures and enhance resilience against market volatility.
- For end-users: Maintain prudent inventory levels and adopt flexible procurement strategies—adjusting timing and volume based on real-time market intelligence—to balance cost efficiency with operational continuity.