Price trend
According to the data from the major list of SunSirs, the price of orthoboric acid continued to rise this week. On June 18, the price of orthoboric acid was 4,600-5,250 RMB/ton (average price was 4,820 RMB/ton), and the price of orthoboric acid was 4,850-5,300 RMB/ton on June 24. (Average price was 4,980 RMB/ton), the average price increased by 160 RMB/ton compared with last week, an increase of 3.23%.
Analysis review
This week, the price of orthoboric acid continued its upward trend after a slight consolidation. At present, the prices of upstream basic raw materials are rising, costs are under pressure, and production enterprises are under greater pressure. At present, the price of the upstream basic raw materials of orthoboric acid is rising, the cost is under pressure, and the production enterprises are under greater pressure. Some companies implement limited orders, and each order is negotiated separately. The tight supply of imported orthoboric acid is also the reason for the rise in the price of domestic orthoboric acid. Some domestic factories have begun to arrange orders.
Market outlook
The orthoboric acid analyst of SunSirs believes that the price of orthoboric acid is in a period of volatility in the near future. Due to various reasons such as rising raw material prices, production schedules of enterprises, and tight import sources, the orthoboric acid market may fluctuate at a high level in the short term. It is recommended that buyers just need to purchase and pay more attention to market news guidance.
