According to the monitoring data of SunSirs, the price of orthoboric acid was slightly adjusted down this week. The average price of orthoboric acid at the beginning of the week was 8,275.00 RMB/ton, and the average price of orthoboric acid at the weekend was 8,225.00 RMB/ton, down 0.60%.
The quotation of orthoboric acid enterprises was slightly lowered, the actual order was negotiated, the downstream operating rate decreased, and the purchasing enthusiasm was not good. The ex-factory price of orthoboric acid from Zibo Honggui Chemical Industry Co., Ltd. was 8,000 RMB/ton. The ex-factory price of orthoboric acid of Tianjin Lianzhi Chemical Co., Ltd. was 8450 RMB/ton. The sales price of orthoboric acid of Baozhen Chemical (Shandong) Co., Ltd. was stable at 9,300 RMB/ton, the distribution price of orthoboric acid of Guangzhou Zehai Chemical Co., Ltd. was 8,000 RMB/ton, and the distribution price of orthoboric acid of Jinan Jinhao Chemical Co., Ltd.was 9,300 RMB/ton.
The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid cost is relatively weak, the quotations of manufacturers follow the market, and the market of the downstream glass industry is maintained. In the short term, the overall market will mainly fluctuate within a narrow range, and traders will trade more flexibly.
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