The economics of Boron production is a constantly fluctuating institution. Few aspects of society are as economically unstable or constantly changing, both in terms of the role boron has and the dependence on it from society. '
It is an element that exists naturally in the environment and can only be mined from borate deposits, but these need to be located and processed before it can be harvested and sold for use as a chemical or pharmaceutical product. Here are some of the economics driving the Boron industry:
-"Circular economy" investing may promote sustainability over traditional sourcing techniques like mining.
-Supply vs demand (e.g. if demand rises because of a particular company, global supply gets taken down)
-Textile chemicals frequently containing borates, prices affected by internet net sales & competition from China.
You can refer to this article called “borates today”, where everything about the economic dynamics related to boron production has been explained in more simplistic terms. Must read!