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SunSirs: On May 30th, the Price of Domestic Orthoboric Acid Stopped Falling and Stabilized

https://www.chemnet.com   May 31,2023 SunSirs

  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.


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