December 26th News
On December 26th, Dongying Qirun Chemical Co., Ltd. reduced the price of sulfuric acid by 10 yuan/ton. The price for 98% sulfuric acid is now 910 yuan/ton. The company's sulfuric acid production facility, with an annual capacity of 80,000 tons, is operating normally.
Chempricehub Analysis of Sulfuric Acid
Bull-Bear Score: -1
The article reports that Dongying Qirun Chemical Co., Ltd. has lowered the price of 98% sulfuric acid by 10 yuan/ton to 910 yuan/ton, with the facility operating normally and an annual capacity of 80,000 tons, indicating stable and sufficient supply. This suggests an oversupply in the market or weak demand, exerting a generally bearish impact on the spot price of sulfuric acid and potentially driving prices further downward.