January 27th News
On January 27th, Shandong Xingya New Materials raised the price of sulfuric acid, with 93% acid at 1,100 yuan/ton and 98% acid at 1,130 yuan/ton. Actual transaction prices are negotiable.
Chempricehub Analysis of Sulfuric Acid
Bull-Bear Score: +1
The article indicates that Shandong Xingya New Materials has increased sulfuric acid prices, with 93% acid reaching 1,100 yuan/ton and 98% acid reaching 1,130 yuan/ton. This suggests that spot market supply may be tight or demand has strengthened, which is favorable for spot prices. Although the negotiability of actual transactions introduces some flexibility, the overall price increase signal supports market bullish sentiment. Therefore, a general positive score of +1 is assigned.