Launch of boric acid price assessments

Fastmarkets has launched its first price assessments for technical-grade boric acid on Wednesday July 31.

With the intention of bringing more transparency to the boron market, these prices aim to ultimately serve the permanent magnet, energy and electric vehicle supply chains and complement existing Fastmarkets’ energy transition price assessments.

The specifications for the new prices are as follows:

MB-BOR-0012 Boric acid, technical grade, granular, fca US West Coast, $/tonne
Quality: 99.90% H3BO3/56.25% B2O3 min; 300 ppm SO4 max; 5ppm Fe max
Quantity: 1,000 tonnes minimum
Location: United States West Coast
Timing: Shipped within 30-60 days
Unit: USD per tonne
Payment terms: From L/C at sight to 30-60 days for higher credit rating
Publication: Monthly, last workday of each month, 4pm London time

MB-BOR-0013 Boric acid, technical grade, granular, cif China, $/tonne
Quality: 99.90% H3BO3/56.25% B2O3 min; 300 ppm SO4 max; 5ppm Fe max
Quantity: 1,000 tonnes minimum
Location: Main Chinese ports
Timing: Shipped within 30-60 days
Unit: USD per tonne
Payment terms: From L/C at sight to 30-60 days for higher credit rating
Publication: Monthly, last workday of each month, 4pm London time

MB-BOR-0014 Boric acid, technical grade, granular, ddp Europe, $/tonne
Quality: 99.90% H3BO3/56.25% B2O3 min; 300 ppm SO4 max; 5ppm Fe max
Quantity: 1,000 tonnes minimum
Location: Delivered to main European destinations
Timing: Shipped within 30-60 days
Unit: USD per tonne
Payment terms: From L/C at sight to 30-60 days for higher credit rating
Publication: Monthly, last workday of each month, 4pm London time

MB-BOR-0015 Boric acid, technical grade, granular, cif Brazil, $/tonne
Quality: 99.90% H3BO3/56.25% B2O3 min; 300 ppm SO4 max; 5ppm Fe max
Quantity: 1,000 tonnes minimum
Location: Main Brazilian ports
Timing: Shipped within 30-60 days
Unit: USD per tonne
Payment terms: From L/C at sight to 30-60 days for higher credit rating
Publication: Monthly, last workday of each month, 4pm London time

These prices are part of the Fastmarkets industrial minerals price package.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact Renato Rostás by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Renato Rostás, re: boric acid prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

What to read next
Fastmarkets proposes to amend the frequency of MB-AL-0052 aluminium 6063 extrusion billet premium, delivered Midwest US, US cents/lb.
Fastmarkets will launch an aluminium low-carbon P1020A all-in price, Chicago Mercantile Exchange-based, delivered Midwest US, US cents/lb on Monday September 23.
Fastmarkets will relist its assessment of the MB-CU-0042 Copper scrap light copper, dealer buying price, delivered to yard Toronto, Canadian cents/lb.
Chinese pulp prices of September 13, 2024, not appearing on foex.fi and risi.com We are investigating it and apologize for any inconvenience caused.
With Fastmarkets’ sister company UM Paper set to discontinue the price assessment for the coated ivory board product produced by Shandong Bohui Paper Industry in response to the changes in the Chinese market, we propose to exclude it from the calculation of the price for the product. The proposed exclusion may affect the price assessment […]
Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.