April 8th News
On April 8th, Yunnan Mengzi Mining and Metallurgy raised the ex-factory price of 98% sulfuric acid by 60 yuan/ton to 1,560 yuan/ton, with a current daily production of 450 tons.
Chempricehub Analysis of Sulfuric Acid, Bull-Bear Score: 1
The article reports that Yunnan Mengzi Mining and Metallurgy has increased the ex-factory price of 98% sulfuric acid by 60 yuan/ton to 1,560 yuan/ton, indicating rising costs on the supply side or strengthening demand, which directly benefits the spot market. The price hike reflects supply tightness (no mention of changes in the daily production of 450 tons), supporting bullish sentiment, and it is expected that short-term spot prices may continue to strengthen.