Price trend

According to the Commodity Market Analysis System of the SunSirs, the price of orthoboric acid increased in September. As of September 26th, the average price of orthoboric acid in the domestic market was 7,475 RMB/ton, an increase of 1.15% compared to the beginning of the month. However, compared to the beginning of the year, the average market price was 8,100 RMB/ton, a decrease of 7.72%.

Analysis review

As of September 26th, the external quotations for imported goods are concentrated at 7,800-8,500 RMB/ton (the actual transaction prices of different brands, specifications, and products were mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 8,207.14 RMB/ton, an increase of 6.34% compared to the average market price at the beginning of the month.

Market outlook

SunSirs’ orthoboric acid analysts believe that the price of orthoboric acid has started to rise, and there is still room for further growth.

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