Two Lions is not currently considering spot exports of sulphuric acid, as domestic Chinese prices have been increasing and international offers from Japanese and South Korean sellers are lower than the price level the producer would be seeking. Sulphuric acid prices in China climbed a further RMB 10-20/mt in several regional markets over the past week. Inner Mongolia has seen increases of around RMB 20/mt as several smelters have shutdowns in the May-June period. This affects Hubei province too as they buy acid from Inner Mongolia.
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