December 25th News
On December 25th, Wudi Xinyue Ranhua Co., Ltd. reduced the price of sulfuric acid by 20 yuan/ton, with 98% acid quoted at 903 yuan/ton. The facility, with a designed capacity of 150,000 tons, is operating normally.
Chempricehub Analysis of Sulfuric Acid
Bull-Bear Score: -1
The sulfuric acid price has been lowered by 20 yuan/ton to 903 yuan/ton, reflecting ample supply in the spot market (the facility is operating normally with a capacity of 150,000 tons) and potentially weak demand, leading to downward price pressure. This price adjustment is moderate in magnitude. Combined with stable supply, it exerts a generally bearish influence on spot prices and may intensify market pessimism.