Boric acid prices continued to rise this week. On June 28, boric acid prices were 4800-5000 yuan / ton (average price was 4990 yuan / ton), and on July 2, boric acid prices were 4800-6000 yuan / ton (average price was 5260 yuan / ton), with an average price increase of 270 yuan / ton or 5.41% compared with last week.
Boric acid prices still rose strongly at the beginning of this month. The recent rise of boric acid price is mainly due to the impact of foreign epidemic, limited production capacity, coupled with the international shipping tension, the freight rate also rises. In particular, some enterprises of imported boric acid products have raised their prices three times in a month. In the short term, the price of boron products mainly made of boehmite imported from Turkey is bullish.
Downstream related products of glass in the experience before the price rise, mainly consolidation, slightly up finishing.
According to the data monitoring of the business association, the boric acid prices of some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)
Boric acid analysts of business news agency believe that during the recent fluctuation period of boric acid price, due to the rising prices of imported raw materials from abroad, international shipping tension and other reasons, it is expected that the boric acid market will fluctuate at a high level in the short term, but it is also concerned that the demand for domestic downstream products is not particularly strong. The possibility of consolidation in the short term is high. More attention should be paid to market information guidance.
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