January 7th News: On January 7th, Shandong Jincheng Chemical Group Co., Ltd. increased the price of sulfuric acid by 20 yuan/ton, with 98% sulfuric acid priced at 820 yuan/ton. The 250,000-ton/year production capacity facility has been shut down for maintenance. Chempricehub analysis of sulfuric acid, long-short score: 1.5. The sulfuric acid price has been raised by 20 yuan/ton to 820 yuan/ton, while the shutdown of the 250,000-ton/year facility for maintenance has led to a reduction in supply, directly benefiting spot prices. The contraction in supply may drive up overall market price expectations, but attention should be paid to changes in downstream demand.
Comments
0