First, the price data:

According to the statistics of the bulk list, the price of bromine in 2017 showed a “V” trend as a whole, but the overall upward trend in prices showed that the average domestic market price was 28666.67 yuan / ton at the beginning of the year and the average domestic market was 32,500 yuan / ton at the end of the year. The overall price Up 13.37%, up 14.71% over last year. On Dec. 28, the Bromine Commodity Index was 114.04, unchanged from yesterday’s and set an all-time high for the period, up 93.55% from the lowest level at 58.92 on 29 October 2014. (Note: the cycle refers to 2011-09-01 so far)

Second, market analysis

The first quarter: the domestic bromine market consolidation

The average domestic market in early January was 28666.67 yuan / ton, the average domestic market on March 31 was 28691.67 yuan / ton, the price rose 0.09%. As of the end of March the domestic bromine production facilities started smoothly, the market supply of adequate supply, the domestic mainstream factory price of 28,500 yuan / ton, some companies offer high at 29,000 yuan / ton, low price quoted at 28,000 yuan / ton, the actual transaction price and more Biased to the low end, some small orders or a small amount of high prices. Upstream of the relevant products of bromine up to the end of March the stock varies, the domestic sulfur market to run a slight correction, the recent lack of news outside the disk, the domestic refinery prices rose slightly, the current downstream manufacturers to enter the market in general, buyers and sellers confrontation game, the port aspect Plate fine-tuning, the actual single turnover is small, the trading market is flat, the overall market price of bromine stable support, another related product liquid chlorine market is still slightly lower, the recent field installation to maintain high, the downstream chlorine business is still Just need to be the main, the liquid chlorine market also has some suppression, some chlor-alkali enterprises even appear to paste the shipments, the overall take the goods in poor condition, there is no good support for the cost of bromine; bromine downstream market orders to reduce the recent order, the overall maintenance just need to purchase , Flame retardant market conditions remained stable in the near future, pharmaceuticals, pesticide intermediates start operating smoothly, normal purchasing of bromine.

Second quarter: the domestic price of bromine fell

On April 1, the average price of domestic bromine market was 28,691.67 yuan / ton. On June 30, the average price of domestic bromine market was 24,666.67 yuan / ton, down by 14.03%. By the end of June, the domestic market of bromine continued to go down, and the ex-factory prices of the enterprises fell. Near the end of the month the mainstream domestic factory price in 25,500 yuan / ton -26,000 yuan / ton range, some still high offer 27,000 yuan / ton, but did not hear the actual transaction, the current transaction price and more in the low 24,000 yuan / ton -25000 Yuan / ton range. Bromine upstream related products this month, the market are steady up the main sulfur market this month, the domestic market conditions are up to adjust the domestic main refinery prices steady rise, the firm performance of the external disk to make business mentality toward the overall bromine The favorable market led to another soda ash related products market steady rise, the downstream traders and the terminal less soda ash inventory, the overall demand is acceptable, the cost of bromine surface support smooth; the downstream market of light bromine purchase light, on the In mid-receiving limited, resulting in low-cost business continue to ship bromine, near the end of the month, the market sentiment began to active, flame retardant market this month, not many new orders on the middle, pharmaceutical, pesticide intermediates mainly by environmental protection companies, the overall operating rate Lower demand for bromine is limited.

Third Quarter: Bromine prices go up

On July 1, the average price of domestic bromine market was 24666.67 yuan / ton. On September 30, the average price of domestic bromine market was 29954.55 yuan / ton, with the price rising 21.44%. As of the end of September the domestic market of bromine high, but the overall trading volume is small, especially into late, the market began to test. Near the end of the mainstream domestic manufacturers offer 29,000 yuan / ton -30000 yuan / ton range, the actual transaction prices tend to the low end, deserted trading. The upper reaches of bromine upstream products are the main market behavior above the mid-month of this month, the domestic sulfur market conditions narrowed the scope of the domestic main refineries price increases, strong support from outside the disk to support the domestic market, the overall bullish market driven by bromine, Another related product Soda market as a whole rose, the intention of downstream replenishment is strong, the downstream demand is good, the procurement is positive, the cost of bromine surface support smooth; downstream of bromine purchasing relatively light this month, coupled with the current price of bromine high, Procurement more sustaining on-demand, near the National Day, the Mid-Autumn Festival approaching, with the downstream bromine enterprises have the intention of replenishment, but taking into account the high prices, the overall market game, bromine prices near the end of dropping prices.

Fourth quarter: the domestic high price of bromine run

On October 1, the average price of domestic bromine market was 29,954.55 yuan / ton. On December 29, the average price of domestic bromine market was 32,500 yuan / ton and the price rose 8.5%. The operating rate of domestic bromine enterprises is relatively low, and the stocks of the enterprises are small. The mainstream factory quotations range from 32500-33000 yuan / ton. Some bromine enterprises shut down due to the cold weather and shipped more according to plan. The overall market turnover is acceptable. Bromine in Hebei market conditions stable operation, business inventories, the mainstream factory price at 32500-33000 yuan / ton, the overall market is acceptable, the recent market is expected to be the main fluctuations. Bromine market in Shandong market temporarily stable prices, the local mainstream factory price 32500-33000 yuan / ton range, the actual transaction negotiation. Recent demand in the downstream market is acceptable, the overall market turnover is more active than the previous month, and some enterprises have limited stocks. It is expected that the market price will still be mainly adjusted in the near future. Bromine upstream related products in mid-December market performance: the overall stability of the domestic sulfur market-based, the overall cost of the market for bromine good support; recent acceptance of bromine downstream products is acceptable, more shipping companies according to pre-shipment.

Third, the market outlook Business association Bromine industry analysts believe that after entering December high price of bromine mainly due to the small inventory of bromine products, tight supply, and with the late rainy and snowy weather, the increase in business parking is expected to pay late The price will be stable plate-based.