May 20 News – On May 20, Shandong Jincheng Chemical Group Co., Ltd. issued a price bulletin for sulfuric acid: 98% sulfuric acid is quoted at 1,790 CNY/ton. The company’s 250,000-ton-per-annum sulfuric acid plant is currently undergoing scheduled maintenance and is shut down.

Chempricehub Analysis on Sulfuric Acid: Long-Short Score: 1. The 250,000-ton-per-annum sulfuric acid plant at Shandong Jincheng Chemical is shut down for maintenance, leading to a contraction in supply. This provides positive support for spot sulfuric acid prices. Currently, the company quotes 98% sulfuric acid at 1,790 CNY/ton.