SunSirs: On June 29th, Domestic Orthoboric Acid Prices Stabilized
June 30 2023 10:41:42 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the price of orthoboric acid slightly rebounded in June. As of June 29th, the average price of orthoboric acid in the domestic market was 7,417.5 RMB/ton, an increase of 1.09% compared to the beginning of the month, but a decrease of 8.43% compared to the beginning of the year, which was 8,100 RMB/ton.
Analysis review
As of the 29th, the external quotation for imported goods was concentrated at 7,000-8,200 RMB/ton (the actual transaction price of different brands, specifications, and products was mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 7,427.27 RMB/ton, an increase of 0.48% compared to the average market price at the beginning of the month.
Market outlook
Orthoboric acid analysts from SunSirs believe that the price of orthoboric acid began to slightly recover in June, and it is expected that the short-term trend will remain unchanged, but the upward space is limited.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
