1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the commodity market analysis system of Business Society, the price of bromine has been weak this week. The average market price at the beginning of the week was 21600 yuan/ton, while the average market price on the weekend was 20960 yuan/ton, a decrease of 2.96% and a year-on-year decrease of 20.61%. On March 14th, the bromine commodity index was 75.09, unchanged from yesterday, a decrease of 69.37% from the highest point in the cycle of 245.18 points (2021-10-27), and an increase of 27.44% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1st, 2011 to present)
2、 Market analysis
This week, the price of bromine is in a weak trend, with the mainstream price in the Shandong market being around 20500-21500 yuan/ton, and the market price is consolidating horizontally. Each bromine manufacturer is now resuming production, and the market situation is average. The actual transactions of enterprises are average. The downstream flame retardant and intermediate industries are still mainly purchasing on demand recently, and the transaction situation is average, with a strong wait-and-see attitude.
| povidone Iodine |
In terms of raw materials, domestic sulfur prices have been consolidating this week, with an average market price of 1026.67 yuan/ton at the beginning of the week and 1036.67 yuan/ton over the weekend, with a price increase of 0.97% and a year-on-year decrease of 14.56%. This week, the overall price of raw sulfur has stabilized and the market is operating.
It is predicted that the price of bromine will be weak in the near future, while the price of upstream sulfur will be consolidating. The shipment of bromine will be average in the near future, and the downstream flame retardant and intermediate industries of bromine will still mainly purchase according to demand in the near future, with moderate replenishment of inventory. There is no positive support, and it is expected that the price of bromine will be weak in the short term. The specific situation depends on the downstream market demand.
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