The price of boric acid has been relatively stable recently. According to the commodity market analysis system of Business Society, the average price of boric acid in the domestic market in March was 7400 yuan/ton. At present, the quotation range for domestic boric acid traders is between 6900-7800 yuan/ton (the actual transaction price for different brands, specifications, and products is mainly negotiated).
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 Business Society, as of March 15th, the average market price of imported boric acid was 7643.75 yuan/ton, a decrease of 2.63% compared to the market average price of 7850 yuan/ton at the beginning of the year.
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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