1、 Price trend
According to the data monitoring of the bulk list of business society, bromine prices rose slightly this week. The average market price at the beginning of the week was 53142.86 yuan / ton, and the average market price on Friday was 53714.29 yuan / ton, with a price increase of 1.08%. On January 9, the bromine commodity index was 188.47, unchanged from yesterday, down 23.13% from the highest point 245.18 in the cycle (2021-10-27), and up 219.87% 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 rising slightly. At present, the mainstream price of Shandong enterprises is about 50000-57000 yuan / ton. The main reason for the rise of bromine price is that domestic bromine enterprises stopped production at the end of December, and the supply of enterprises decreased. Some downstream intermediate enterprises resumed production. In the early stage, because the price was low, now bromine enterprises have low inventory and are reluctant to sell.
In terms of raw materials, the price of sulfur rose this week. The average market price at the beginning of the week was about 2026.67 yuan / ton, and the average market price at the weekend was 2060 yuan / ton, with a price increase of 1.64%, 107.38% over the same period last year. There is no inventory pressure for domestic refineries, the downstream sulfuric acid is purchased on demand, the market demand for liquid sulfur is acceptable, the enterprise shipment is smooth, the price of phosphate fertilizer rises, the market demand increases, the progress of winter fertilizer storage market improves, the price of sulfur fixation rises, the downstream market is better, and the sulfur price is adjusted and raised.
Business analysts believe that the price of bromine has risen, but the downstream flame retardant and intermediate industries of bromine are resistant to high price bromine, mainly purchasing on demand, except for individual products. However, many bromine manufacturers offer firm prices. Considering the general needs of the downstream, it is comprehensively expected that the short-term bromine price will rise sharply, and the foundation is not solid. See the downstream market demand for details.