Overview of Orthoboric acid Market

In February 2024, the price of orthoboric acid remained weak and stable, with a slight decline in imported goods. As of February 29th, the average price of orthoboric acid in the domestic market was 7,400 RMB/ton. The quotation range for domestic orthoboric acid traders was between 6,900-7,800 RMB/ton (the actual transaction price for different brands, specifications, and products was mainly negotiated). The price of domestic orthoboric acid remained basically unchanged, while the import source quotation had slightly decreased. As of February 29th, the foreign quotation for imported goods was concentrated between 7,500-7,800 RMB/ton (the actual transaction price of different brands, specifications, and products was mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 7,637.50 RMB/ton, a decrease of 1.37% compared to the average market price of 7,743.75 RMB/ton at the beginning of the month.

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