The global market for Boron Trifluoride (BFx) has been experiencing a persistent upward trend in prices, driven by a combination of factors, including increased demand, supply chain disruptions, and rising energy costs.
In the United States, the domestic market for BFx has been particularly impacted by these factors. Chinese manufacturers, capitalizing on the growing demand for Boron Trifluoride, have strategically raised their prices. This pricing adjustment has had a significant impact on the global market, particularly in the United States, where buyers have been compelled to adjust to the elevated costs.
The Red Sea Crisis has further exacerbated the situation, leading to a surge in freight rates for commercial routes connecting Asia to North America and Europe. This additional cost burden has reinforced the upward pressure on Boron Trifluoride prices. Freight rates for shipping containers from Asia to the US East Coast...
