1、 Price data:
| Benzalkonium chloride |
According to the data monitoring of the bulk list of business associations, the price of bromine in Shandong continued to be weak. As of July 8, the average price of bromine in Shandong was about 26555 yuan / ton, a decrease of 1.24% compared with the beginning of the month, and a sharp drop of 17.75% compared with the same period last year.
2、 Cause analysis
Products: Recently, some enterprises in Shandong Province have stopped their equipment, and some enterprises in Shandong Province have shut down, resulting in a decline in the spot supply in the market. The enterprise’s inventory pressure is not big, which has a certain positive support for the bromine price. However, the downstream demand is flat, which has not fundamentally changed the situation of oversupply in the industry. At present, mainstream bromine enterprises offer about 26000-27000 yuan / ton.
| Sodium Molybdate |
Industrial chain: the sulfur market is running stably, the supply of enterprises is stable, the operators operate cautiously, and the trading is relatively flat, at present, it is about 653 yuan / ton; the sulfuric acid market is in shock and adjustment, some sulfuric acid manufacturers are under operating, the load is reduced, the sulfuric acid supply is tight, and the downstream purchasing enthusiasm is general, at present, about 412 yuan / ton; the domestic soda ash market is weak, the market atmosphere is light, and the downstream market needs Poor recovery, enterprise inventory pressure, active shipment, at present about 1256 yuan / ton. The main downstream flame retardant market of bromine is running at a low negative rate, and the demand for bromine is relatively light. Most enterprises mainly ship in stock, and lack of support for bromine price. The pharmaceutical and pesticide intermediates and other industries start to operate smoothly. They are obviously bearish on bromine and are cautious in overall trading.
3、 Future forecast
Analysts of the bromine industry of the business society believe that due to the poor demand of the downstream market, the expected decline of bromine supply has not led to the reversal of the situation of oversupply in the industry. The contradiction between supply and demand is still obvious, and it is expected to remain weak in a short period of time.
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