Tag: Sodium Tetraborate Price Trend

In Asia, the price trend of sodium tetraborate declined in Q1 2023 due to reduced demand from the construction industry and an abundant supply, negatively affecting its market dynamics. Although there was a slight price increase in the second quarter’s initial month, it couldn’t be sustained. Falling end-user industry dynamics, decreased inquiries, and rising stockpiles further pushed prices downwards. In Europe, Q1 saw fluctuating prices, supported by building and detergent industry inquiries and controlled inventory levels. Similar trends continued in Q2, with declining demand and manufacturing pressures. In North America,…