1、 Price data:
According to the data monitoring of the business club’s bulk list, the domestic bromine market has been running steadily this week, with the average price of bromine maintained at about 300 million yuan / ton in the week, down 14.17% from the same period last year.
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Two. Cause analysis
Product: at present, the domestic bromine market is in a weak and stable operation as a whole, and the overall operating rate of the enterprise is about 50%. Affected by the poor global operation, the import of bromine has declined to a certain extent, which has a certain supporting effect on the domestic bromine price. However, due to the slow recovery of starting demand in the downstream flame retardant and bromine market, there is no obvious sign of improvement, so the bromine price is in a stable operation as a whole The supply and demand of the industry are still weak. At present, the quotation of mainstream enterprises is about 29000-30000 yuan / ton.
Industry chain: the upstream market of bromine in China is up and down in different ways this week, including stable operation of sulfur, which is about 627 yuan / ton at present; slight increase of 3.09% in sulfuric acid week, which is about 333 yuan / ton at present; slight decrease of 2.3% in caustic soda week, which is about 530 yuan / ton at present; stable operation of soda ash market, which is about 1563 yuan / ton at present. The market recovery of bromine main downstream flame retardants and bromides is slow, and the support for bromine price is insufficient. In the recovery of pharmaceutical and agricultural intermediates and other industries, the overall rigidity needs to be soft.
3、 Future forecast
According to the bromine industry analysts of business association, at present, the domestic bromine market is stable, and there is no factor that can cause great fluctuations in the market in a short period of time. Therefore, the bromine price will maintain stable operation in the short term, and the future market still needs to pay attention to the development of the epidemic situation.
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