April 23 News - On April 23, Jiangsu SOPO Group's sulfuric acid prices are scheduled to be reduced by 100 RMB/ton tomorrow, with the 98% sulfuric acid quoted at 2260 RMB/ton. Actual transaction prices are negotiable. Chempricehub comments on sulfuric acid, bearish-bullish rating: -1. The article mentions that Jiangsu SOPO Group plans to lower sulfuric acid prices by 100 RMB/ton on April 23, with the current 98% sulfuric acid quote at 2260 RMB/ton and actual transactions subject to negotiation. This indicates that the sulfuric acid spot market may experience oversupply or weak demand. The price reduction directly exerts bearish pressure on spot prices and is expected to intensify the market's downward trend, impacting the supply-demand balance.
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