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.
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