1、 Price trend
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According to the monitoring data of the business community, the price of bromine is running at a high level. At present, the average market price in Shandong is 37611.11 yuan / ton, up 24.91% over the same period last year. On April 26, the bromine commodity index was 131.97, which was the same as yesterday, reaching a record high in the cycle, up 123.98% from the lowest point of 58.92 on October 29, 2014( Note: period refers to the period from September 1, 2011 to now
2、 Market analysis
At present, the mainstream price of domestic bromine enterprises is about 37000-38500 yuan / ton, and the price of bromine is relatively strong. The bromine market in Shandong Province is in short supply. The bromine enterprises in Dongying region may be faced with shutdown. The downstream flame retardants and intermediates are well started and the goods are prepared actively. Most bromine manufacturers have the intention to support the price, and the low price is hard to find.
Raw materials: the domestic sulfur market is on the rise, and most of the on-site trading is based on demand procurement. Domestic refineries in various regions maintain low inventory and good delivery performance. Downstream factories purchase on demand in the market. The market lacks substantive information guidance, and the operators are mainly on the lookout. During the week, refineries in various regions of China adjusted their prices according to their own shipment situation. In East China, the price of liquid sulfur was increased by 20 yuan / ton, and that of solid sulfur was increased by 20-50 yuan / ton; Solid and liquid sulfur in North China and Shandong increased by 40-50 yuan / ton at the same time, and sulfur market generally went up. In terms of market supply, the inventory of domestic refineries remains low, and the supply and demand performance is relatively stable. At present, the market lacks substantive information guidance, and the sulfur market is reorganized and operated in the short term, focusing on the downstream follow-up situation.
Business analysts believe that the bromine downstream flame retardants and intermediates industry is now developing well, with more active goods preparation. The industry is also bullish on the future market, with the focus of transaction moving upward. It is expected that the bromine price will be high and firm in the short term, depending on the downstream market demand.
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