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SunSirs: Domestic Orthoboric Acid Prices Rose Slightly

February 10 2022 14:28:11     SunSirs (John)

Price trend

According to the data of SunSirs’ bulk list, the price of orthoboric acid has fluctuated and increased recently. The average price of orthoboric acid this week was 7,916.67 RMB/ton, an increase of 0.64% and a month-on-month increase of 3.49%.

Analysis review

Recently, the domestic orthoboric acid market has shown an upward trend. After the Spring Festival, the trading atmosphere of the orthoboric acid market was improving, the price of borax was temporarily high, the downstream demand was acceptable, and the just-needed purchase was maintained. After the holiday, orthoboric acid manufacturers started normal operations and stable shipments, and the price of orthoboric acid rose slightly.

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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