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SunSirs: The Price of Orthoboric Acid Was Adjusted Down in July

July 29 2022 16:09:09     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of Orthoboric acid was slightly adjusted down this month. The average price of Orthoboric acid at the beginning of the month was 8,900.00 RMB/ton, and the average price of Orthoboric acid at the end of the month was 8,650.00 RMB/ton, down 2.81%.

Analysis review

Due to weak downstream demand, manufacturers repeatedly lowered their quotations. The spot of imported Orthoboric acid products was insufficient, and the price of imported Orthoboric acid was high.

Market outlook

The Orthoboric acid analyst of SunSirs believes that the domestic Orthoboric acid cost support is acceptable, but the downstream demand is weak, and the manufacturer's quotation is lowered. In the short term, the overall market will be weak, and traders are flexible in their transactions.

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