1、 Boric acid price trend

(Figure: p-value curve of boric acid product)

2、 Market analysis

On June 11, boric acid market was stable. According to the block list data of business news agency, as of June 11, the average quotation price of boric acid in East China was 4630 yuan / ton, which was flat compared with the previous trading day. At present, the quotation of boric acid enterprises has been adjusted by a small margin, mainly to stabilize the price and deliver goods, with strong wait-and-see mood in the downstream and general purchasing enthusiasm. The price of boric acid of Honggui Chemical Co., Ltd. in Zibo increased in a narrow range, and the market transaction was between 4600 and 4750 yuan / ton. Boric acid price of Tianjin Lianzhi Chemical Co., Ltd. decreased narrowly. From 4750 yuan / ton at the beginning of the month to 4500 yuan / ton.

3、 Future forecast

Boric acid analysts of business news agency believe that in the recent period of boric acid price fluctuation, cost support has been strengthened, downstream on-demand procurement, market inquiry and transaction performance are generally good. It is expected that the boric acid market will be mainly stable in the short term, and more attention should be paid to market information guidance.