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SunSirs: Domestic boric acid market continued to rise in March

April 01 2022 09:02:04     

The domestic boric acid market continued to rise in March. According to the bulk list data of SunSirs, the price of boric acid fluctuated and rose in March. At the beginning of the month, the average price of boric acid was 8166.67RMB/ton, and at the end of the month, the average price of boric acid was 8500.00RMB/ton, up 4.08%.

The domestic boric acid market continued to rise in March. Affected by the epidemic, the supply of goods of some manufacturers was slightly tight when they were not started. After the operating rate increased in the later stage, the manufacturers delivered goods stably, the price of borax temporarily remained high, the downstream demand was ok, the just needed procurement was maintained, and the price of boric acid continued to rise.

According to the data monitoring of the SunSirs, the price of boric acid in some enterprises in the near future (for reference only, the actual transaction price of different brands, different specifications and products is mainly negotiated).

Company Price Specification Date
Jinan Beiyate Chemical 8500RMB/ton Industrial grade;  superior product ≥ 99.5% 2022-3-31
Guangzhou Zehai Chemical 8800RMB/ton Industrial grade;  superior product ≥ 99.5% 2022-3-31
Taiyuwei(Tianjin) New Material 8500RMB/ton Industrial grade;  superior product ≥ 99.5% 2022-3-31
Zibo Hongguidong Chemical 8800RMB/ton Industrial grade;  superior product ≥ 99.5% 2022-3-31

Boric acid analysts of SunSirs believe that the recent domestic boric acid market has been slightly explored, and the market demand is acceptable. It is expected that the market will mainly rise slightly in the later stage, and more attention should be paid to the guidance of market news

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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