1、 Price trend

According to the data monitoring of the bulk list of business society, the bromine price is weak this week. At the beginning of the week, the average market price was 59600 yuan / ton, and at the end of the week, the average market price was 59000 yuan / ton. The price decreased by 1.01% and increased by 72.68% year-on-year. On February 18, the bromine commodity index was 207.02, unchanged from yesterday, down 15.56% from the highest point 245.18 in the cycle (2021-10-27), and up 251.36% 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 55000-59000 yuan / ton. The bromine price is stable and small, the operation of bromine enterprises is low, and the inventory is small. The downstream flame retardants and pharmaceutical intermediates industry started slowly after the Spring Festival, mostly purchased on demand, and the shipment of enterprises is general. In fact, supply and demand are weak and the market is deadlocked.

In terms of raw materials: the price of sulfur this week is stable and small. The average market price at the beginning of the week is about 2170 yuan / ton, and the average market price at the weekend is 2203.33 yuan / ton, with a price increase of 1.54%, up 85.15% from the same period last year. The domestic sulfur market is temporarily stable, and the price of solid and liquid sulfur in refineries in various regions is stable. The downstream sulfuric acid market is improving, the port liquid sulfur operates smoothly, and the cargo holders have strong intention to support the high price of liquid sulfur in regional refineries; The demand for phosphate fertilizer is acceptable, there is no pressure on the inventory of domestic sulfur refineries, the shipment of enterprises is smooth, and the sulfur market is relatively strong.

Business analysts believe that the bromine price consolidation operation, bromine downstream flame retardants and intermediates industry mostly purchase on demand, but the actual transaction is general. It is comprehensively estimated that the short-term bromine price consolidation operation is mainly based on the downstream market demand.