Overview of Boric Acid Market in July
According to the Commodity Market Analysis System of the Business Society, the price of boric acid fell first and then rose in July, causing sideways fluctuations. As of July 26th, the average market price of boric acid in China was 7387.5 yuan/ton, an increase of 0.34% compared to the beginning of the month. However, compared to the beginning of the year, the average market price was 8100 yuan/ton, a decrease of 8.80%.
At present, the external quotation for imported goods is concentrated at 7000-8200 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 7590.91 yuan/ton, a decrease of 0.48% compared to the average market price at the beginning of the month.
Business Society Boric Acid Analysts believe that boric acid is gradually entering the long short game stage, with prices mainly fluctuating sideways.
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