Price trend

According to the monitoring data of SunSirs, the price of orthoboric acid decreased slightly this week. At the beginning of the week, the average price of orthoboric acid was 8,200.00 RMB/ton. At the weekend, the average price of orthoboric acid was 8,150.00 RMB/ton, down 0.61%.

Analysis review

As of the 11th, the orthoboric acid quotation of orthoboric acid enterprises was slightly lowered, and the actual order was negotiated. The downstream operating rate had declined, and the purchasing enthusiasm was not good. The ex factory quotation of orthoboric acid of Zibo Honggui Chemical was 7,900 RMB/ton. The selling price of orthoboric acid of Baozhen Chemical (Shandong) Co., Ltd. was 7,500 RMB/ton, the selling price of orthoboric acid of Guangzhou Zehai Chemical Co., Ltd. was 7,500 RMB/ton, and the selling price of orthoboric acid of Jinan Jinhao Chemical Co., Ltd. was 8,200 RMB/ton.

Market outlook

Orthoboric acid analysts from SunSirs believe that the cost of domestic orthoboric acid was weak, the manufacturer's quotation followed the market, and the downstream glass industry continued to weaken. In the short term, the overall market will fluctuate mainly in a narrow range, and traders' trading will be more flexible.

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