Price trend
According to the data of SunSirs’bulk list, as of June 18, the average price of Orthoboric acid was 4,820.00 RMB/ton, an increase of 4.02% compared with the price on June 14.
Analysis review
The price of Orthoboric acid rose not small this week. At present, the raw material borax price is high, the cost is under pressure, and the market spot supply is limited. The supply of imported Orthoboric acid is tight, causing domestic Orthoboric acid to be affected by the supply of imported Orthoboric acid. Domestic factories have already placed orders until one month later.
Market outlook
The Orthoboric acid Analyst of SunSirs believes that the price of Orthoboric acid has fluctuated recently. Due to various reasons such as raw material prices and tight import supplies, it is expected that the Orthoboric acid market will fluctuate at a high level in the short term, and more attention needs to be paid to market news guidance.
