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.

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