January 8th News — On January 8th, Hebei XinHai Chemical Group Co., Ltd. reduced the price of sulfuric acid by 30 yuan per ton, with 98% sulfuric acid quoted at 850 yuan per ton and a daily production of approximately 420 tons. Chempricehub Analysis of Sulfuric Acid, Bull-Bear Score: -1 Hebei XinHai Chemical lowered the sulfuric acid price by 30 yuan per ton to 850 yuan per ton, with a daily production of 420 tons, indicating ample supply or weakened demand, which generally exerts bearish pressure on the spot price of sulfuric acid. The price reduction directly reflects a looser market supply-demand balance and may trigger other companies to follow suit with price cuts, thereby limiting the upward potential of spot prices.