According to the bulk list data of business society, the price of boric acid decreased slightly this week. On September 13, the average price of boric acid was 6966 yuan / ton. On September 18, the average price of boric acid was 6700 yuan / ton, a decrease of 266 yuan / ton or – 3.83% compared with last week.
After rising at the beginning of the month, the price of domestic boric acid decreased slightly this week. This week, due to market factors, the price of downstream products was stable and the inventory increased slightly. However, due to the shortage of upstream ore sources, recent production restriction, maintenance and other factors, the domestic boric acid inventory is still out of stock, which has a good support for the price. The price of imported boric acid rebounded this week, and the shipment of traders was more flexible.
Boric acid analysts of business society believe that in the recent period of boric acid price fluctuation, although the price support of downstream products decreased this week, the price is still better supported by the shortage of upstream ore sources and inventory. It is expected that in the short term, the boric acid market will fluctuate at a high level, and there will be no significant decline. After a slight adjustment, the trend will remain strong. It is suggested that buyers just need to purchase and pay more attention to the market information guidance.
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