December 29th News On December 29th, Qicheng Holding Group Co., Ltd. reduced the price of sulfuric acid to 840 yuan per ton. The sulfuric acid plant has an annual designed capacity of 200,000 tons. Chempricehub Analysis of Sulfuric Acid Bull-Bear Score: -1 Qicheng Holding’s reduction of sulfuric acid prices to 840 yuan per ton indicates ample market supply or weak demand, possibly due to increased inventory or intensified industry competition. This exerts downward pressure on spot prices, with a score of -1.0 reflecting a generally bearish impact. Although the annual designed capacity of 200,000 tons does not specify current production levels, the price reduction signal may spread to the overall market, exacerbating the downward trend in spot prices.