Overview of Orthoboric acid Market
The price of orthoboric acid has been weak and stable recently. According to the Commodity Market Analysis System of SunSirs, as of May 10th, the average price of orthoboric acid in the domestic market was 7,275 RMB/ton. cdomestic orthoboric acid traders offered prices ranging from 6,700 to 7,800 RMB/ton (actual transaction prices for different brands, specifications, and products were mainly negotiated), with mainstream prices ranging from 6,900 to 6,950 RMB/ton based on sales volume.
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 May 10th, the average market price of imported orthoboric acid was 7,656.25 RMB/ton, a decrease of 0.08% compared to the average market price of 7,662.5 RMB/ton in early April.
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 May 10th, it was still operating in the range of bottom box fluctuations. If there is no positive news, it is expected to be difficult to change in the short term.
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