SunSirs: Orthoboric Acid Prices Continued to Fall in August
September 01 2022 11:04:40 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of orthoboric acid was lowered this month. The average price of orthoboric acid at the beginning of the month was 8,650.00 RMB/ton, and the average price of orthoboric acid at the end of the month was 8,374.00 RMB/ton, down 3.18%.
Analysis review
Due to weak downstream demand, manufacturers had repeatedly lowered their quotations. The spot of imported orthoboric acid products was not enough, but the demand was sluggish, and the price of imported orthoboric acid was adjusted down.
Market outlook
The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid cost support is acceptable, but the downstream demand is weak, and the manufacturer's quotation is lowered. In the short term, the overall market will be weak, and traders will be more flexible.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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- 2024-03-14 SunSirs: Orthoboric Acid Prices Maintained Volatile at the Bottom
