1、 Price trend
The price of bromine has continued to rise this month. At the beginning of the month, the average market price was 40500 yuan/ton, and at the end of the month, the average market price was 42700 yuan/ton, with a price increase of 5.43%, which is 42.33% higher than the same period last year. On October 29th, the bromine index was 149.82, up 0.7 points from yesterday, down 39.18% from the highest point of 246.32 points during the cycle (2026-04-07), and up 154.28% 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
This month’s market trend: Bromine prices continue to rise. The market price of bromine in Shandong and North China is operating steadily, with the current mainstream shipping price of bromine in the range of 42000-43000 yuan/ton. From the supply side, manufacturers’ inventory is generally low, and their willingness to raise prices is obvious, with limited willingness to sell at a discounted price. In terms of demand, the downstream flame retardant field still relies mainly on rigid procurement, with insufficient ability to undertake current high priced sources and limited overall enthusiasm for purchasing.
In terms of raw materials, the overall price of domestic sulfur has been declining this week. The average market price at the beginning of the week was 7702.33 yuan/ton, and the average market price over the weekend was 5444.25 yuan/ton, a decrease of 29.32% and an increase of 65.09% compared to the same period last year. Downstream demand is still acceptable.
Prediction: Bromine prices are expected to rise recently, while upstream sulfur prices are expected to decline. Bromine manufacturers are selling at high prices recently, while downstream buyers are cautious in their purchases. There is a strong wait-and-see sentiment due to supply and demand competition. Overall, it is expected that bromine prices will remain stable at a high level in the later stage, depending on downstream market demand.