Overview of Orthoboric acid Market

The price of orthoboric acid had been relatively stable recently. According to the commodity market analysis system of SunSirs, the average price of orthoboric acid in the domestic market in March was 7,400 RMB/ton. As of March 13th, 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).

In terms of overseas imported goods, the foreign quotation for imported goods was concentrated at 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, as of March 13th, the average market price of imported orthoboric acid was 7,637.50 RMB/ton, a decrease of 2.71% compared to the market average price of 7,850 RMB/ton at the beginning of the year.

Market outlook

The price of orthoboric acid began to decline from its high point in June 2022, and began to bottom out and fluctuate horizontally in May 2023. As of March 13th, it was still fluctuating in the range of bottom. If there is no positive news, it is expected to be difficult to change in the short term.

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