1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the price of bromine is temporarily stable. On December 17th, the average market price of bromine was around 21900 yuan/ton. On December 16th, the bromine commodity index was 76.84, unchanged from yesterday, a decrease of 68.66% from the highest point of 245.18 points (2021-10-27) during the cycle, and an increase of 30.41% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)

2、 Market analysis

Recently, the price of bromine has been running steadily. The price of bromine in Shandong region is temporarily stable, with a mainstream market price of around 21300-22000 yuan/ton. The production of equipment has stopped, and the market trading atmosphere is average. Downstream demand for flame retardants is weak, and manufacturers have sufficient supply. Imported bromine is normal, and it is expected that the price will remain stable in the short term. In terms of raw materials, domestic sulfur prices are operating steadily, with an average market price of 1714.33 yuan/ton on December 17th. Downstream purchases are mainly based on demand.

Prediction: Bromine prices are expected to remain stable in the near future, while upstream sulfur prices are expected to consolidate. Bromine downstream flame retardants are expected to be purchased on demand in the near future. The overall supply-demand game predicts that bromine prices may continue to consolidate in the later period, depending on downstream market demand.