Price trend
According to the monitoring data of SunSirs, the price of orthoboric acid was slightly adjusted down this week. The average price of orthoboric acid at the beginning of the week was 8,900.00 RMB/ton, and the average price of orthoboric acid at the weekend was 8,850.00 RMB/ton, down 0.56%.
Analysis review
The quotations of orthoboric acid enterprises were adjusted slightly, mainly for stable price shipments. The downstream had a strong wait-and-see mood, and the purchasing enthusiasm was general. The price of orthoboric acid of Zibo Honggui Chemical Co., Ltd. was reduced in a narrow range, and the quotation was 8,900 RMB/ton. Tianjin Lianzhi Chemical's orthoboric acid price remained stable, with a quotation of 8,800 RMB/ton. The price of orthoboric acid of Baozhen Chemical (Shandong) Co., Ltd. was stable at 9,300 RMB/ton, and the price of orthoboric acid of Guangzhou Zehai Chemical Co., Ltd. was stable at 9,000 RMB/ton.
Market outlook
The orthoboric acid analyst of SunSirs believes that the domestic orthoboric acid cost support is acceptable, the manufacturers' quotations are firm, and the downstream glass industry is running weakly. In the short term, the overall market will mainly fluctuate within a narrow range, and traders will trade more flexibly.
