1、 Price trend

According to the data monitoring of the bulk list of business society, the bromine price is weak this week. The average market price at the beginning of the week was 57333.33 yuan / ton, and the average market price at the weekend was 56666.67 yuan / ton, down 1.16% and up 65.32% year-on-year. On March 3, the bromine commodity index was 198.83, unchanged from yesterday, down 18.90% from the highest point 245.18 in the cycle (2021-10-27), and up 237.46% from the lowest point 58.92 on October 29, 2014. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the domestic bromine price is weak. At present, the mainstream price of Shandong enterprises is about 55000-57000 yuan / ton. The bromine price is weak, and the inventory of bromine enterprises has increased slightly. The downstream flame retardants and pharmaceutical intermediates industry started slowly, mostly purchased on demand, and the enterprise shipped generally. The phenomenon of price reduction is more obvious.

In terms of raw materials, the price of sulfur rose this week. The average market price at the beginning of the week was about 2253.33 yuan / ton, and the average market price at the weekend was 2400 yuan / ton, up 6.51%, 64.76% over the same period last year. There is no inventory pressure on domestic refineries, and the quotation closely follows the changes of market news. Due to the severe international situation, the freight of imported sulfur increases, the port supply is limited, and the price is mainly supported by the cargo holders. The downstream demand for domestic refineries increases. Due to the weakening of sulfuric acid market, the price of liquid sulfur changes little, while the demand for phosphate fertilizer is stable, and the port market stimulates the sharp rise of sulfur fixation price.

Business analysts believe that the price of bromine has been weak and downward recently, and the downstream flame retardants and intermediates of bromine are mostly purchased on demand, but the actual transaction is general. It is comprehensively estimated that the short-term price of bromine is mainly weak, depending on the demand of the downstream market.