SunSirs: Orthoboric Acid Prices Fluctuated Sideways in July
July 27 2023 09:29:41 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the price of orthoboric acid fell first and then rose in July, causing sideways fluctuations. As of July 26th, the average market price of orthoboric acid in China was 7,387.5 RMB/ton, an increase of 0.34% compared to the beginning of the month. However, compared to the beginning of the year, the average market price was 8,100 RMB/ton, a decrease of 8.80%.
Analysis review
As of July 26th, the external quotations for imported goods were concentrated at 7,000-8,200 RMB/ton (the actual transaction prices of different brands, specifications, and products were mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 7,590.91 RMB/ton, a decrease of 0.48% compared to the average market price at the beginning of the month.
Market outlook
SunSirs’ Orthoboric acid Analysts believe that orthoboric acid is gradually entering the long short game stage, with prices mainly fluctuating sideways.
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- 2024-03-14 SunSirs: Orthoboric Acid Prices Maintained Volatile at the Bottom
