1、 Price data:
| Gamma Polyglutamic acid food grade |
According to the data monitoring of the bulk list of business associations, after a long period of weak operation, the price of bromine in Shandong gradually rebounded. As of July 21, the average price in Shandong was about 26833 yuan / ton, up 2.11% compared with July 17, and the overall price dropped by 15.77% compared with the same period last year.
2、 Cause analysis
Products: at present, the price of bromine in Shandong Province is rising steadily, and the accumulative price increase range of each enterprise is about 500-1000 yuan / ton. Most enterprises ship normally. Affected by the policy and the coming of the flood season, the supply of bromine market in the future is expected to decline. In addition, the enterprise’s inventory pressure is not obvious, the enterprise’s price intention is good, and the market is enthusiastic. The downstream market is still in demand. At present, the mainstream bromine enterprises offer 26500-27500 yuan / ton.
| gamma polyglutamic acid fertiliser(fertilizer) grade |
Industrial chain: the sulfur market is weak, the supply of goods is sufficient, and the trade in the industry is light, at present, it is about 623 yuan / ton; the market of sulfuric acid is stable, the cost is generally supported, some sulfuric acid manufacturers are under started, the load is reduced, the downstream purchasing enthusiasm is general, the supply of sulfuric acid is normal, the factory price of sulfuric acid in the future market is slightly fluctuating, at present, about 427 yuan / ton; the price of domestic liquid alkali is basically stable It is expected that the price of caustic soda in Shandong will be weak in the later stage, with 507 yuan / ton at present. The main downstream flame retardant market of bromine is still mainly based on rigid demand, and the market starts to be flat. The industries such as pharmaceutical and pesticide intermediates are under started, and the demand side does not support the price of bromine.
3、 Future forecast
Analysts of the bromine industry of the business society believe that the overall domestic bromine market is in a tight balance state, and the decline in supply side supports the exploration of bromine price. Due to the continuous weak performance of the demand side, it is expected to rise slightly in a short time, so attention should be paid to bromine supply in the future.
| Gamma Polyglutamic Acid |