Bromine market in China is stable this week (11.4-11.8)

I. price data:

 

According to the data monitoring of the business club’s bulk list, this week’s domestic bromine market remained stable at a high level, and the average price of bromine in the week remained at around 30833 yuan / ton, down 7.37% from the same period last year.

 

II. Cause analysis

 

Product: this week, the supply and demand of bromine market in China is in a dynamic equilibrium state. The enterprise’s operating rate remains at a high level. The downstream market just needs to be stable. The factory quotation of mainstream bromine is between 30500-31000 yuan / ton. As the weather turns cold, some bromine enterprises will enter the winter break period, and the bromine supply will decline to some extent.

ammonium persulfate

 

Industry chain: the upstream industry of bromine is mostly stable this week: the weak trend of sulfur market falls by 0.94% in the week, the average price of enterprises is about 686 yuan / ton, and the mainstream price of liquid is 520-600 yuan / ton; the caustic soda market is stable in the week, at present about 835 yuan / ton; the caustic soda market is stable in the week, at present, the average price is about 1766 yuan / ton; the sulfuric acid just needs to be better, and the price is stable in the week, at present 306 yuan / ton About. At present, the downstream flame retardant industry of bromine mainly purchases rigid demand, which has a certain positive support for the price of bromine; the pharmaceutical and agricultural intermediates and other industries are under the influence of environmental protection, and the demand side is generally supported.

 

III. future forecast

 

According to the bromine industry analysts of business association, at present, the overall supply and demand of bromine market in China is stable, the shipment of enterprises is relatively smooth, and the price of bromine is mainly stable in a short period of time. In the long run, the domestic bromine output will be seasonally reduced, and the decline of the supply end will lead to the price rising trend.

http://www.pva-china.net

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>