This chart shows Borax price assessments in USA Dollar per metric ton (USD/mt) in 4 locations, as follows:
- Borax, US (United States): Borax, export transaction price, fob, United States
- Borax, CN (China): Borax, import transaction price, cif, China
- Borax, MDE (Middle East): Borax, export transaction price, fob, Turkey
- Borax, EUR (Europe): Borax, import transaction price, cfr, France (netforward from fob Turkey)
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Borax.
Data Use
Borax prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
Data Delivery Methods
Borax price assessments are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
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Borax Price Outlook
Borax Price Outlook. The price of Borax (United States) increased during May 2020 to 902 USD per metric ton, which represents a considerable rise of 11% compared to the previous month’s value. On a year-over-year basis, the prices of Borax (United States) increased significantly by 29%. Meanwhile, the average price of Borax (China) amounted to 708 USD per metric ton, from 686 USD per metric ton one year earlier. On a month-over-month basis, the price of Borax (China) is 2% higher than the price one month before.
The price of Borax (Middle East) declined slightly throughout May 2020, reaching 634 USD per metric ton. The price is 0.5% lower than the average price in the previous month and 3% higher than the average price one year before. In contrast, the prices of Borax (Europe) decreased modestly during May 2020, reaching 637 USD per metric ton, which means a decline of 0.6% from the previous month’s price and a rise of 2% from the previous year’s price.
About Borax
About Borax. Disodium Tetraborate (a.k.a. Borax) is an inorganic mineral, a salt of boric acid. It is a white free-flowing crystal, slightly soluble in water. Disodium tetraborate occurs naturally in deposits of evaporite all around the globe. Borax was discovered in the eighth century AD, however, it only became commercially produced in the late nineteenth century. It is one of the most important boron compounds, mostly produced as a hydrate (such as deca or pentahydrate), and not in the anhydrous form, with applications in a wide variety of industries.
Borax Handling. Disodium borate is considered nontoxic and it is also not flammable and not highly reactive. No special measures must be taken in transportation or storage, besides common sense for good housekeeping. Because there are so few primary sources of borates, and because of the wide diversity of end uses and end-use locations, the distribution of finished products is of critical importance. Today, borates are moved by virtually all available forms of transportation. Bulk, intercontinental shipments are made in ocean-going vessels with capacities higher than 40,000 tonnes. Barges, railcars, and trucks move borate products from sources or shipping ports to customers. Intermediate stock points are located around the world to provide working inventories and to guard against supply interruptions.
Borax Production. Raw materials and the respective production processes employed in the manufacturing of Borax are listed below.
- Brine + sodium carbonate (concentration/precipitation, byproduct of lithium carbonate production),
- Brine (extraction, coproduced with sodium carbonate, sodium sulfate and potassium chloride),
- Calcium borate + sodium carbonate (extraction/salt formation),
- Sodium borate, natural (extraction/refining)
Borax Uses. The uses and applications of Disodium Tetraborate may vary according to its specification. The main forms of Disodium Tetraborate are crystals; refined United States Pharmacopeia (USP) grade; technical grade; granulated; and powdered.