Overview of Orthoboric acid Market

The price of Orthoboric acid had been relatively stable recently. According to the Commodity Market Analysis System of SunSirs, the average price of Orthoboric acid in the domestic market was 7,400 RMB/ton on March 21st. As of March 21st, the quotation range for domestic Orthoboric acid traders was between 6,900-7,800 RMB/ton (the actual transaction price for different brands, specifications, and products was mainly negotiated).

In terms of overseas imported goods, the current foreign quotation for imported goods was concentrated at 7,500-7,800 RMB/ton (the actual transaction price of different brands, specifications, and products was mainly negotiated). According to the Commodity Market Analysis System of SunSirs, as of March 21st, the average market price of imported Orthoboric acid was 7,650 RMB/ton, an increase of 0.16% compared to the average market price of 7,637.5 RMB/ton at the beginning of March.

Market outlook

The price of Orthoboric acid began to decline from its high point in June 2022, and began to bottom out and fluctuate horizontally in May 2023. As of March 21st, it was still operating in the range of bottom box fluctuations. If there is no positive news, it is expected to be difficult to change in the short term.

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