1、 Price data:

According to the data monitoring of the business club’s bulk list, this week’s domestic bromine market was slightly stable, with the average price at the beginning of the week around 30666 yuan / ton, and the average price at the weekend around 30722 yuan / ton, slightly up 0.18%, down 11.34% compared with the same period last year.

2、 Cause analysis

Product: the domestic bromine market started at a low level this week. The enterprise’s delivery situation is general, and the supply of goods is limited. Some enterprises have suspended the delivery. However, the downstream market is still on the ground, showing a weak trend of supply and demand in the industry. At present, the enterprise’s quotation is between 30000-31000 yuan / ton.

Industry chain: according to the price monitoring of the business agency, in the 51st week of 2019 (12.23-12.27), there are two kinds of commodities rising and falling in the price list of bromine chemical industry, one kind of commodities falling and two kinds of commodities rising and falling to 0. The main commodities rising were sulfuric acid (3.53%) and bromine (0.18%); the main commodities falling were sulfur (- 5.63%).

3、 Future forecast

According to the bromine industry analysts of business association, at present, the supply side and demand side of domestic bromine market are in a weak stage, while the downstream market mainly purchases rigid demand, but the rigid demand is soft, and the bromine price is expected to maintain stable operation in the short term.