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Borax Prices Hold Firm in H2 2026 on Solar Glass and Fiberglass Demand

2026-09-15

Borax pentahydrate prices have maintained a firm footing through the second half of 2026, with the global average expected to range between USD 0.73 and 0.82 per kilogram. The upward momentum is underpinned by sustained buying from solar glass and fiberglass insulation producers, alongside steady agricultural micronutrient demand. Germany remains the highest-cost market at USD 0.98–1.09/KG, while China continues to offer the most competitive pricing at USD 0.55–0.61/KG on the back of substantial domestic processing capacity. The US market averaged USD 0.781/KG in Q2 2026, up 6.0% from the prior quarter, as domestic mining and refining costs continued to rise. For buyers, the key takeaway is clear: supply-side cost structures in Turkey and the United States are providing a firm floor, and demand from solar glass is unlikely to soften in the near term.

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