Boron Prices Trend in the second quarter of 2023 | ChemAnalyst

Chemanalyst11 Aug, 2023Business

In the second quarter of 2023, the price of Boron in the USA has experienced a decline due to the weakening economic conditions in the US spot market following the collapse of major banks in the country. The increasing inflation rate has prompted buyers to postpone placing substantial orders both domestically and from international markets. Local inventory levels have remained elevated as overseas mines in Asian and South African countries continue to operate at a high capacity.