SunSirs--China Commodity Data Group

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SunSirs: Boric Acid Price Slightly Decreased in February

February 28 2023 14:49:54     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the price of orthoboric acid decreased this month, with the average price of 8,100.00 RMB/ton at the beginning of the month and 8,050.00 RMB/ton at the end of the month, down 0.62%.

Analysis review

Downstream demand was weak, and manufacturers had repeatedly lowered their prices.

Market outlook

The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid cost support was acceptable, but the downstream demand was weak, and the manufacturer's quotation was reduced. In the short term, the market as a whole will be weaker and traders' transactions will be more flexible.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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