Price trend
According to the Commodity Market Analysis System of SunSirs, the price of orthoboric acid fell first and then rose in July, causing sideways fluctuations. As of July 27th, the average price of orthoboric acid in the domestic market was 7,387.5 RMB/ton, an increase of 0.34% compared to the beginning of the month, while a decrease of 8.80% compared to the beginning of the year at 8,100 RMB/ton.
Analysis review
As of July 27th, the external quotations for imported goods were concentrated at 7,000-8,200 RMB/ton (the actual transaction prices of different brands, specifications, and products were mainly negotiated). According to the Commodity Market Analysis System of SunSirs, the average market price of imported orthoboric acid was 7,590.91 RMB/ton, a decrease of 0.48% compared to the average market price at the beginning of the month.
Market outlook
SunSirs’orthoboric acid Analysts believe that orthoboric acid is gradually entering the long short game stage, with prices mainly fluctuating sideways.
