1、 Price data:

According to the data monitoring of the business club’s bulk list, this week the domestic bromine market is still in a weak and stable operation, and the average price of bromine remains around 30000 yuan / ton, down 14.29% from the same period last year.

2、 Cause analysis

Products: the domestic bromine market has not recovered this week. The spot supply in the market is tight, the inventory of enterprises is exhausted, the demand in the downstream market is poor, the inquiry of traders is weak, and the overall supply and demand in the industry are weak. At present, the quotation of mainstream Enterprises is about 29000-30000 yuan / ton.

Industry chain: the upstream market of bromine in China is up and down in different ways this week, including sulfur rising by 1.03%, at present about 653 yuan / ton; sulfuric acid running steadily within the week, at present 323 yuan / ton left; caustic soda falling by 3.93%, at present about 550 yuan / ton; soda ash running steadily, about 1583 yuan / ton before the year. The market performance of the main downstream flame retardants of bromine is relatively light. In the recovery of pharmaceutical and agricultural intermediates and other industries, the overall rigid demand is weak, the supply and demand are weak, and the support for bromine price is insufficient.

3、 Future forecast

According to the bromine industry analysts of business association, the supply and demand of bromine market in China are weak at present. With the gradual recovery of downstream market, the supply of market goods will be difficult. It is expected to maintain a weak and stable operation in the short term, and the price will gradually rise in the later period.