April 10th News: On April 10th, Shandong Shenchi Chemical Co., Ltd. raised the price of sulfuric acid, with 98% acid priced at 1,703 yuan per ton and a daily production of around 40 tons. Chempricehub's analysis of sulfuric acid indicates a bullish-bearish score of 1. The report states that Shandong Shenchi Chemical Co., Ltd. has increased the price of sulfuric acid to 1,703 yuan per ton, with a daily output of approximately 40 tons, suggesting tight spot market supply or increased demand, which directly benefits the spot price of sulfuric acid. The price hike signal may reflect a local supply-demand imbalance, supporting short-term spot market conditions.
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