Boric acid prices remain weakly stable on May 29th

The price of boric acid has been weak and stable recently. According to the Commodity Market Analysis System of Business Society, as of May 29th, 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 Business Society, the average market price of imported boric acid is 7618.75 yuan/ton, a decrease of 0.08% compared to the market average price of 7624 yuan/ton in early May

 

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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