Price trend

According to the data monitoring of SunSirs, this week's domestic bromine market remained stable at a high level, and the average price of bromine in the week remained at around 30833 RMB/ton, down 7.37% from the same period last year.

Analysis review

Product: This week, the supply and demand of bromine market in China is in a dynamic equilibrium state, the enterprise's operating rate remains at a high level, the downstream market just needs to be stable, the main bromine factory quotation of the enterprise is between 30500-31000 RMB/ton, with the weather turning cold, some bromine enterprises will enter the winter break period, when the bromine supply will decline to some extent.

Industrial chain: This week, the upstream industry of bromine mostly performed stably: the weak trend of sulfur market fell by 0.94% in the week, the average price of enterprises was about 686 RMB/ton, and the mainstream price of liquid was 520-600 RMB/ton; the caustic soda market operated stably in the week, at present, it is about 835 RMB/ton; the soda market operated stably in the week, at present, the average price is about 1766 RMB/ton; the sulfuric acid market just needs to be better, and the weekly price is stable, at present, it is about 306 RMB/ton. At present, the downstream flame retardant industry of bromine mainly purchases rigid demand, which has a certain positive support for the price of bromine; the start rates of pharmaceutical and agricultural intermediates and other industries are common because of the influence of environmental protection, and the support from demand side is general.

Market outlook

According to the bromine industry analysts of business association, at present, the overall supply and demand of bromine market in China is stable, the shipment of enterprises is relatively smooth, and the price of bromine is mainly stable in a short period of time. In the long run, the domestic bromine output will be seasonally reduced, and the supply will decline, which will lead to an upward trend in prices..

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