December 29th News On December 29th, Shandong Shangneng Industrial Co., Ltd. reduced the price of sulfuric acid by 40 yuan per ton to 840 yuan per ton. The company has an annual designed capacity of 40,000 tons and a daily production of 110 tons. Chempricehub Analysis of Sulfuric Acid Bull-Bear Score: -1 The article reports that Shandong Shangneng Industrial Co., Ltd. has lowered the price of sulfuric acid by 40 yuan per ton to 840 yuan per ton, with an annual capacity of 40,000 tons and a daily production of 110 tons. This price reduction reflects ample supply or weak demand in the spot market, directly putting downward pressure on sulfuric acid spot prices. The decrease of approximately 4.55% is considered a moderate bearish factor, likely stemming from high capacity utilization or weakened downstream demand, which is expected to negatively impact sulfuric acid spot prices in the short term.