On January 8, Hebei XinHai Chemical Group Co., Ltd. reduced the price of sulfuric acid by 30 yuan/ton, with 98% sulfuric acid quoted at 850 yuan/ton and a daily production of approximately 420 tons. PriceSeek analysis of sulfuric acid indicates a bearish score of -1. The price reduction of 30 yuan/ton by Hebei XinHai Chemical to 850 yuan/ton, coupled with a daily output of 420 tons, suggests ample supply or weakened demand, exerting a generally bearish impact on the spot price of sulfuric acid. The price cut directly reflects a looser market supply-demand balance, potentially triggering other enterprises to follow suit with price reductions and restraining the upward potential of spot prices.