Price trend
According to monitoring data from SunSirs, the price of orthoboric acid started to stabilize after a slight decline recently, with an average price of 7,337.5 RMB/ton.
Analysis review
Recently, the domestic orthoboric acid market was weak. Downstream demand was average, and the price trend of orthoboric acid was downward.
The supply of imported goods had recently increased, with external quotations concentrated at 7,000-7,900 RMB/ton (the actual transaction prices of different brands, specifications, and products were mainly negotiated).
Market outlook
SunSirs Orthoboric acid Analysts believe that the market demand was weak recently, and the orthoboric acid market was showing a fluctuating and weaker consolidation trend. It is expected that the market will mainly maintain stability in the later stage, and more attention needs to be paid to market news guidance.
