Latest price of bromine (3-15): 26400 RMB/ton, bearish in the future

Latest price: On March 15th, the price of bromine dropped 2.94% compared to the previous trading day. The price of bromine continues to remain weak and the downstream flame retardant and intermediate industries are actively shipping, but the market is sluggish and demand is significantly bleak. Bromine enterprises and manufacturers have a good intention of stabilizing prices, but demand support is still relatively weak. The industry is pessimistic and the contradiction between supply and demand of bromine still exists.

Future Market Forecast: It is comprehensively estimated that in the later stage, it will still be dominated by weak consolidation operation, depending on the downstream market demand.

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