This week, China’s domestic bromine market was mainly stable (11.11-11.15)

I. price data:

 

According to the data monitoring of the bulk list of business associations, the domestic bromine market continued to operate steadily this week, with the average price of bromine kept at about 30777 yuan / ton in the week, down 9.86% from the same period last year.

 

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II. Cause analysis

 

Product: this week, the supply limit situation of domestic bromine market is less than that of previous years. There is no big fluctuation at the supply end of the market. The downstream market just needs to be more stable. The bromine price remains between 30500-31000 yuan / ton. Near the end of the year, some bromine Enterprises will enter the parking period after winter.

 

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Industry chain: the upstream industry of bromine is mostly stable this week: the sulfur market has declined slightly by 1.43% in the week, the average price of the enterprise is about 730 yuan / ton, and the mainstream liquid price is 520-600 yuan / ton; the caustic soda market is stable in the week, at present about 775 yuan / ton; the caustic soda market is stable in the week, the current average price is about 1730 yuan / ton; the sulfuric acid market is affected by the support of upstream and downstream products, and the price is stable in the week Operation, about 306 yuan / ton at present. At present, the downstream flame retardant industry of bromine just needs to be stable, which has a certain positive support for bromine price; the start-up of pharmaceutical and agricultural intermediates and other industries has declined slightly, and the demand side has little impact on bromine price.

 

III. future forecast

 

According to the bromine industry analysts of business association, the overall domestic bromine market is stable, with stable supply and demand. In the long run, the domestic bromine output will show a seasonal decline, and the supply side tightening will lead to the increase of bromine price.

http://www.sulfamic-acid.com

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