Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending June 2023 North America 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. Australia's government has entered into several new agreements that indicate a rising extraction rate. Simultaneously, the recent trade tensions between the USA and China have introduced uncertainty into the global market. Furthermore, the emergence of alternative materials like graphene in applications previously utilizing Boron has contributed to this downward pricing trend. This decrease in Boron's price is negatively impacting US producers, with some...