February 25th News
On February 25th, Shandong Kenli Group Petrochemical Co., Ltd. raised the price of sulfuric acid, with 93% acid quoted at 950 yuan/ton.
Chempricehub Analysis of Sulfuric Acid, Bull-Bear Score: +1
The article indicates that Shandong Kenli Group Petrochemical Co., Ltd. has increased the quotation for 93% sulfuric acid to 950 yuan/ton, reflecting tight supply or increased demand in the spot market for sulfuric acid, which may drive up spot prices. This price adjustment is considered a localized positive signal within the industry but does not involve significant macroeconomic factors, thus it is rated as a general positive (+1).