Domestic boric acid prices stopped falling and stabilized in June

According to the Commodity Market Analysis System of the Business Society, the price of boric acid slightly rebounded in June. As of June 29th, the average price of boric acid in the domestic market was 7417.5 yuan/ton, an increase of 1.09% compared to the beginning of the month, but a decrease of 8.43% compared to the beginning of the year, which was 8100 yuan/ton.

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 7427.27 yuan/ton, an increase of 0.48% compared to the average market price at the beginning of the month.

Boric acid analysts from Business Society believe that the price of boric acid began to slightly recover in June, and it is expected that the short-term trend will remain unchanged, but the upward space is limited.