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Commodity News

SunSirs: The Shipment Was Normal, and the Domestic Orthoboric Acid Market Was Stable

January 20 2022 14:36:34     SunSirs (John)

Price trend

According to the data of SunSirs’ bulk list, the price of orthoboric acid has fluctuated and consolidated recently. The average price of orthoboric acid in this week was 7,800.00 RMB/ton, an increase of 4.00% from the previous month.

Analysis review

The domestic orthoboric acid market has been relatively stable recently. As the Spring Festival is approaching, the orthoboric acid market has a general trading atmosphere. The price of borax is temporarily at a high level. The downstream demand is acceptable, and they maintain purchases of orthoboric acid on demand. The orthoboric acid manufacturers ship normally, and the price of orthoboric acid does not fluctuate much.

Market outlook

The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid market has been consolidating at a high level recently, and the market demand is acceptable. It is expected that the market will mainly rise in the later period, and more attention should be paid to market news guidance.

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