Sodium Tetraborate price have declined in the global market including United States (US) and Europe in February xxxx, excluding the Asian Pacific region. Sodium Tetraborate market grappling with numerous challenges that drove its price trend including raw material prices, production cost and logistic disruptions. These challenges create significant implications for the manufacturers, supply chain and global consumers.
In the US market, Sodium Tetraborate prices reduced x.xx in the first half of February xxxx after witnessing a stability in the previous month. This price reduction in the product attributed to the various factors including low production cost and the load of high inventory in the feedstock. Soda ash, a significant key raw material for the Sodium Tetraborate has been expressing a decreasing price trend since early xxxx. Concurrently, enough stock inventory of the borax ore in the meantime led to the reduction in...
