1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine market has been rising steadily in recent years. As of December 22, the average price of bromine in Shandong was about 33277 yuan / ton, an increase of 2.22% compared with the beginning of the month, and an overall increase of 7.93% over the same period last year.

2、 Cause analysis

Recently, affected by the cold weather in northern China, many bromine manufacturers have stopped, and the spot supply in the market continues to decline. In addition, Weifang district is approaching the parking period, the market supply is not expected to be sufficient, the overall inventory in the industry is low, and the enterprise’s price intention is good, while the downstream market is weak, the overall demand is soft, the conflict with high bromine price is obvious, and the game between supply and demand in the industry is obvious Mainstream bromine enterprises offer about 33000-34000 yuan / ton.

On the upstream side, the domestic sulfur market is stable and firm, and there is no low-cost shipping intention of the shippers. At present, the downstream demand is stable, the transaction is good, and the procurement is mainly based on demand. The future market pays attention to the follow-up of the downstream, which is about 1013 yuan / ton. The price of mainstream sulfuric acid manufacturers is temporarily stable, and the inventory of manufacturers is small, and the downstream is active in purchasing sulfuric acid, which is about 437 yuan / ton. The price of caustic soda is weak and stable OK, the purchasing demand of downstream market is general, and there is a certain conflict with the current price of caustic soda. At present, it is about 485 yuan / ton. It is expected that the follow-up or narrow range of caustic soda consolidation will be weak. The main downstream flame retardant market of bromine is running smoothly, and the industry starts to operate smoothly. The demand for bromine is general, and the overall intention of receiving goods is insufficient, which conflicts with the high price of bromine.

3、 Future forecast

According to the bromine industry analysts of the business society, the enterprises in Weifang, the main bromine production area in China, have basically entered the shutdown period and can only recover after passing the acceptance inspection on February 19, 2021. The supply side of the market is difficult to recover in a short time, while the performance of the downstream market is flat, the support of the demand side is insufficient, and the game between supply and demand is seesaw. It is expected that bromine will continue to operate stably in a short period of time.