December 29th News On December 29th, Dongying Qirun Chemical Co., Ltd. reduced the price of sulfuric acid by 40 yuan/ton, with 98% acid priced at 840 yuan/ton. The company's 80,000-ton-per-year sulfuric acid plant is operating normally. Chempricehub Analysis of Sulfuric Acid Bull-Bear Score: -1 The price of sulfuric acid has been lowered by 40 yuan/ton to 840 yuan/ton, indicating ample supply in the spot market (normal plant operation) and weak demand or intensified competition, which has put downward pressure on prices. This adjustment generally exerts bearish pressure on spot prices, potentially dampening short-term market sentiment and encouraging buyers to adopt a wait-and-see approach.