Boric acid prices remain weak and stable after the holiday

The price of boric acid has been weak and stable recently. According to the Commodity Market Analysis System of Business Society, as of May 10th, the average price of boric acid in the domestic market is 7275 yuan/ton. At present, domestic boric acid traders offer prices ranging from 6700 to 7800 yuan/ton (actual transaction prices for different brands, specifications, and products are mainly negotiated), with mainstream prices ranging from 6900 to 6950 yuan/ton based on sales volume.

 

In terms of overseas imported goods, the current foreign quotation for imported goods is concentrated at 7500-7800 yuan/ton (the actual transaction price of different brands, specifications, and products is mainly negotiated). According to the Commodity Market Analysis System of Shengyishe, as of May 10th, the average market price of imported boric acid was 7656.25 yuan/ton, a decrease of 0.08% compared to the average market price of 7662.5 yuan/ton in early April.

 

The price of boric acid began to decline from its high point in June 2022, and began to bottom out and fluctuate horizontally in May 2023. Currently, it is still operating in the range of bottom box fluctuations. If there is no positive news, it is expected to be difficult to change in the short term.

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