SunSirs: Orthoboric Acid Prices Continued to Fall This Week (August 15-19)
August 22 2022 09:57:44 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of orthoboric acid continued to be adjusted downwards this week. The average price of orthoboric acid at the beginning of the week was 8,625.00 RMB/ton, and the average price of orthoboric acid at the weekend was 8,500.00 RMB/ton, down 1.45%.
Analysis review
As of the 19th. The orthoboric acid company's orthoboric acid quotation was slightly lowered, the actual order was negotiated, the downstream construction decreased, and the purchasing enthusiasm was not good.
On the 19th, Zibo Honggui Chemical's ex-factory price of orthoboric acid was 8,550 RMB/ton. Tianjin Lianzhi Chemical's orthoboric acid ex-factory price was lowered to 8,450 RMB/ton. The sales price of orthoboric acid of Baozhen Chemical (Shandong) Co., Ltd. was stable at 9,300 RMB/ton, the distribution price of orthoboric acid of Guangzhou Zehai Chemical Co., Ltd. was 8,000 RMB/ton, and the distribution price of orthoboric acid of Jinan Jinhao Chemical Co., Ltd.was 9,200 RMB/ton.
Market outlook
The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid cost is relatively weak, the manufacturers' quotations follow the market, and the downstream glass industry is picking up. In the short term, the overall market will mainly fluctuate within a narrow range, and traders will trade more flexibly.
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