Price trend
According to the Commodity Market Analysis System of SunSirs, the price of orthoboric acid was relatively stable in August. As of August 29th, the average market price of orthoboric acid in China was 7,390 RMB/ton, an increase of 0.03% compared to the beginning of the month. However, compared to the average market price was 8100 RMB/ton at the beginning of the year, a decrease of 8.77%.
Analysis review
On the 29th, the external quotation for imported goods was concentrated at 7,000-8,200 RMB/ton (the actual transaction price of different brands, specifications products was mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 7,681.82 RMB/ton, an increase of 0.96% compared to the average market price at the beginning of the month.
Market outlook
SunSirs’ Orthoboric acid Analysts believe that orthoboric acid is gradually entering the long short game stage, with prices mainly fluctuating sideways.
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