SunSirs: The Price of Orthoboric Acid Continued to Rise after Consolidation

　　Price trend

　　According to the monitoring of SunSirs, the price of orthoboric acid increased this month. The average price of orthoboric acid was 5,260 RMB/ton on July 3, and the average price of orthoboric acid was 5,590 RMB/ton on July 23. The average price increased by 330 RMB/ton from the beginning of the month, or 6.27%.

　　Analysis review

　　The price of orthoboric acid continued a slight upward trend after consolidation this month. The rising market of raw material borax had a certain impact on the price of orthoboric acid. The price of downstream products, glass, rose, and the market had a better trading atmosphere, which also supported the price of orthoboric acid. The price of imported orthoboric acid from abroad continued to increase compulsorily. The price of orthoboric acid in Chile, Turkey, and Russia all increased significantly. The domestic price of orthoboric acid was relatively stable.

　　Market outlook

　　The price of orthoboric acid continued its upward trend this month, especially the price increase of imported orthoboric acid was not small. The price of orthoboric acid continued its upward trend this month, especially the price increase of imported orthoboric acid was not small. It is expected that the orthoboric acid market will continue to fluctuate at a high level in the short term.