1、 Boric acid price trend

(Figure: P-value curve of boric acid product)

2、 Market analysis

According to the bulk list data of business cooperatives, the price of boric acid dropped this month. At the beginning of the month, the average price of boric acid was 8225.00 yuan/ton, and at the end of the month, the average price of boric acid was 8200.00 yuan/ton, down 0.3%. Downstream demand is weak, and the manufacturer has repeatedly lowered its offer.

According to the data monitoring of the business community, the recent price of boric acid in some enterprises (for reference only, the actual transaction prices of different brands, specifications and products are mainly negotiated).

3、 Future market forecast

Boric acid analysts from the business community believe that the domestic boric acid cost support is acceptable, but the downstream demand is weak, and the manufacturer’s quotation is lowered. In the short term, the overall market will operate weakly, and traders’ transactions will be more flexible.