1、 Price data:
According to the data monitoring of the business club’s bulk list, the domestic bromine market was in a weak and stable operation this week. At the beginning of the week, the average factory price of bromine was about 30055 yuan / ton, and at the end of the week, it was about 30111 yuan / ton, up 0.18% slightly in the week, down 13.97% from the same period last year.
| Chitosan oligosaccharide |
2、 Cause analysis
Products: at present, domestic bromine production enterprises have basically resumed production. Affected by the temperature and environmental protection, the overall market operating rate is about 50%, the inventory of enterprises is low, and the market supply is gradually recovering. However, due to the relatively slow resumption of work in the downstream market and the rigid demand for purchase, the overall market supply and demand is still weak and stable. At present, the quotation of mainstream enterprises is about 29500-30000 yuan / ton.
Industry chain: the upstream market of bromine is up and down in different ways this week, among which the sulfur market is down 8.33%, at present about 550 yuan / ton; the sulfuric acid market is up 11.4%, at present about 317 yuan / ton; the caustic soda market is down 4.25%, at present about 507 yuan / ton; the soda ash market is down 1.13%, at present about 1463 yuan / ton. The market recovery of bromine main downstream flame retardants is relatively slow, with rigid purchase as the main demand, limited trading and investment of traders, flat start of pharmaceutical and pesticide intermediates and other industries, and weak rigid demand as a whole.
3、 Future forecast
According to the bromine industry analysts of business association, the overall performance of domestic bromine market is weak and stable at present. Due to the impact of the epidemic, the imported bromine has declined to a certain extent, which is good for domestic bromine, but the downstream market is not well started and the price of bromine is not enough. It is expected that the domestic bromine market will operate stably in a short time.
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