On May 18, Shandong Jingbo Zhongcheng Clean Energy Co., Ltd. raised its sulfuric acid price, with 98% sulfuric acid quoted at 1,770 CNY per tonne. The plant has a designed capacity of 240,000 tonnes. According to Chempricehub's assessment of sulfuric acid, the bull/bear rating stands at 1. This price adjustment by Shandong Jingbo Zhongcheng Clean Energy Co., Ltd., raising the quotation for 98% sulfuric acid to 1,770 CNY per tonne, provides support to the spot sulfuric acid market in the region, benefiting the current spot sulfuric acid market.
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