April 23 News – On April 23, Qicheng Holdings Group Co., Ltd. lowered its sulfuric acid price to 1,530 RMB/ton for 98% acid, with an annual design capacity of 200,000 tons for its sulfuric acid plant. According to Chempricehub's assessment, the sulfuric acid market has a bullish-bearish score of -1. The price reduction by Qicheng Holdings Group to 1,530 RMB/ton indicates increasing supply pressure or weakening demand, potentially reflecting industry overcapacity (annual design capacity of 200,000 tons). This is expected to exert downward pressure on spot sulfuric acid prices and bearish sentiment in the short term.