SunSirs: Orthoboric Acid Prices Remained Stable on August 23rd
August 24 2023 09:57:42 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the price of Orthoboric acid fell first and then rose in August, causing sideways fluctuations. As of August 23rd, the average price of Orthoboric acid in the domestic market was 7,362.5 RMB/ton, an increase of 0.34% compared to the beginning of the month. However, compared to the average market price was 8,100 RMB/ton at the beginning of the year, a decrease of 9.10%.
Analysis review
As of August 23rd, the external quotations for imported goods are 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 7,690.91 RMB/ton, an increase of 1.44% 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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