April 23 News - On April 23, Shandong Jingbo Zhongcheng Clean Energy Co., Ltd. reduced its sulfuric acid price by 30 RMB/ton, with 98% acid quoted at 1,550 RMB/ton. The plant has a designed capacity of 240,000 tons. Chempricehub assesses sulfuric acid with a Bull-Bear Score of -1. Shandong Jingbo Zhongcheng Clean Energy Co., Ltd. lowered its sulfuric acid price by 30 RMB/ton to 1,550 RMB/ton, indicating abundant spot market supply or weak demand, thereby exerting downward pressure on spot prices. The price reduction is approximately 1.94% (relative to the original price of 1,580 RMB/ton), representing a generally bearish event that may reflect high capacity utilization or insufficient downstream demand.