Shipping Disruptions in Hormuz Strait Tighten Sulfuric Acid Supplies, Pushing Prices Up

Published: Mar 27, 2026 14:41

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Disruptions to shipping routes and the Strait of Hormuz are tightening sulfuric acid supplies. The Middle East accounts for about 24% of global sulfur output, with nearly 40% of seaborne sulfur passing through Hormuz. Chile’s main suppliers—China, Peru and South Korea—are affected, pushing spot prices up nearly 20% since early 2026. Chile is advancing domestic smelter projects to reduce import reliance and secure supply.

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