Bromine market in China is stable this week (5.4-5.8)

1、 Price data:

 

According to the data monitoring of the business club’s bulk list, the domestic bromine market has been running steadily this week, with the quotation of enterprises maintained at about 30111 yuan / ton in the week, down 13.97% from the same period last year.

 

ferric sulfate (Poly ferric sulphate)

2、 Cause analysis

 

Products: at present, domestic bromine production enterprises have been operating at 50-60% of the total. Shandong brine manufacturers have normal production. North China Sea Water bromine manufacturing enterprises have gradually increased production with the rising temperature. The spot supply of the market is stable. The market demand for flame retardants in the downstream main industries is soft, and the purchase is just needed. The bromine price support is insufficient. At present, the mainstream bromine enterprises offer about 29500-30000 yuan / ton.

 

Industry chain: the upstream market of bromine is different this week, among which the sulfur market is stable and strong, at present it is about 513 yuan / ton; the sulfuric acid market continues to decline, down 1.57% in the week, at present it is about 312 yuan / ton; the caustic soda market is down 3.59% in the week, at present it is about 470 yuan / ton; the soda market is down 4.66%, at present it is about 1363 yuan / ton. Bromine is mainly purchased by the downstream flame retardant market, with a general buying atmosphere in the industry. Pharmaceutical and pesticide intermediates and other industries have started flat, and the overall rigid demand is relatively soft.

 

3、 Future forecast

 

According to the bromine industry analysts of business association, at present, the supply and demand of bromine market in China is stable, and the inventory of some enterprises is beginning to rise. Affected by the epidemic situation, the arrival of imported bromine has declined to some extent, which is good for the price support of domestic bromine, and it is expected that the domestic bromine market will maintain stable operation in a short time.

http://www.lubonchem.com/

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