Oleum price October 2024 and outlook (see chart below)
- North America:US$0.11/KG, unchanged
- India:US$0.28/KG, unchanged
Oleum price index
This post is a summary of the Oleum price developments. The price developments of Oleum are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Oleum price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Oleum prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Oleum prices
- Recent price developments of underlying feedstocks which drive the price of Oleum
- Market futures for both cost drives and feedstocks of Oleum prices
- Adjustment of current supply/demand imbalances in the Oleum market
- Longer term trends in likely demand conditions
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