SunSirs--China Commodity Data Group

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Commodity News

SunSirs: On May 30th, the Price of Domestic Orthoboric Acid Stopped Falling and Stabilized

May 31 2023 10:38:45     SunSirs (John)

Price trend

According to monitoring data from SunSirs, the price of orthoboric acid started to stabilize after a slight decline recently, with an average price of 7,337.5 RMB/ton.

Analysis review

Recently, the domestic orthoboric acid market was weak. Downstream demand was average, and the price trend of orthoboric acid was downward.

The supply of imported goods had recently increased, with external quotations concentrated at 7,000-7,900 RMB/ton (the actual transaction prices of different brands, specifications, and products were mainly negotiated).

Market outlook

SunSirs Orthoboric acid Analysts believe that the market demand was weak recently, and the orthoboric acid market was showing a fluctuating and weaker consolidation trend. It is expected that the market will mainly maintain stability in the later stage, and more attention needs to be paid to market news guidance.

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

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