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SunSirs: Orthoboric Acid Price Decreased Slightly in October
November 02 2022 08:46:49SunSirs(John)

Price trend

According to the monitoring data of SunSirs, the price of orthoboric acid decreased this month. At the beginning of the month, the average price of orthoboric acid was 8,225.00 RMB/ton. At the end of the month, the average price of orthoboric acid was 8,200.00 RMB/ton, down 0.3%.

Analysis review

Downstream demand was weak, and the manufacturer repeatedly lowered its offer.

Market outlook

Orthoboric acid analysts from SunSirs believe that the cost support for domestic orthoboric acid was acceptable, but the downstream demand was weak, and the manufacturer's quotation was lowered. In the short term, the orthoboric acid market as a whole will operate weakly, and traders' transactions will be more flexible.

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