Boric acid prices continued to rise after finishing

1、 Price trend

According to the monitoring of business agency, the price of boric acid rose this month. The average price of boric acid was 5260 yuan / ton on July 3 and 5590 yuan / ton on July 23. The average price increased by 330 yuan / ton or 6.27% compared with the beginning of the month.

2、 Market analysis

Boric acid prices continued to rise slightly after finishing this month. The rising market of raw borax has a certain impact on the price of boric acid. The price of downstream product glass rose, and the market trading atmosphere was good, which also formed a good support for the price of boric acid. The price of imported boric acid continues to rise forcibly, with large increases in Chile, Turkey and Russia. The price of boric acid in China is relatively stable.

3、 Post potential prediction

The price of boric acid continued to rise this month, especially the price of imported boric acid. There is insufficient start-up in foreign epidemic situations, insufficient domestic production capacity, environmental protection shutdown, tight order arrangement and large price fluctuation. Downstream products also have good support. It is expected that the boric acid market will continue to fluctuate at a high level in the short term.

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