December 30th News On December 30th, Shandong Jincheng Chemical Group Co., Ltd. reduced the price of sulfuric acid by 10 yuan/ton. The price for 98% sulfuric acid is now 860 yuan/ton. The company’s 250,000-ton-per-year production facility has been shut down for maintenance. Chempricehub Analysis of Sulfuric Acid Bull-Bear Score: -1 The article indicates that Shandong Jincheng Chemical has lowered the price of sulfuric acid by 10 yuan/ton to 860 yuan/ton, directly reflecting weak market demand and creating downward pressure on prices. Although the shutdown of the 250,000-ton-per-year production facility for maintenance may temporarily reduce supply (a potential bullish factor), the price decline suggests that insufficient demand is dominating the market. The supply contraction has failed to support prices, highlighting the overall weakness in the spot market. Considering the fundamentals of bulk commodities, this price adjustment may trigger a chain reaction, intensifying downstream wait-and-see sentiment and exerting a generally bearish impact on the spot price of sulfuric acid.