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Commodity News

SunSirs: The Orthoboric Acid Market Was Sable and Rose Slightly This Week

July 11 2022 15:14:18     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of orthoboric acid has been increased slightly recently. The average price of orthoboric acid at the beginning of the week was 8,900.00 RMB/ton, and the average price of orthoboric acid at the weekend was 8,950.00 RMB/ton, an increase of 0.56%.

Analysis review

The orthoboric acid market continued to run high and firm this week. This week, the price market continued its previous trend with a slight increase. The orthoboric acid quotation of domestic enterprises was adjusted slightly, mainly for stable price shipments, and the downstream had a strong wait-and-see mood and general purchasing enthusiasm. The spot of imported orthoboric acid products was insufficient, and the price of imported orthoboric acid was sorted out at a high level.

Market outlook

The orthoboric acid analyst of SunSirs believes that in the recent period of orthoboric acid price fluctuation, cost support has been strengthened, downstream on-demand purchases, and market inquiries and transactions have performed in general. It is expected that in the short term, the orthoboric acid market may be stable, and more attention should be paid to market news guidelines.

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