1、 Price data:
According to the data monitoring of the bulk list of business associations, affected by the decline in supply, the price of bromine in Shandong continued to rise. As of August 11, the average price of bromine in Shandong was about 27666 yuan / ton, up 2.05% compared with the beginning of the month, and fell by 6.44% compared with the same period last year.
2、 Cause analysis
| Melamine |
Products: at present, the domestic bromine market is affected by the rainy season and enterprise maintenance, the spot supply of the market is tight, the downstream flame retardant and intermediate market is mainly on demand, the bromine enterprises have little inventory pressure, and the enterprises have good intention to pull up. At present, the mainstream bromine enterprises offer about 27500-28000 yuan / ton.
Industry chain: sulfur market is high and firm, exploratory inquiry increases, some enterprises and traders are reluctant to sell goods, at present, about 690 yuan / ton; sulfuric acid market is stable, spot supply of the market is slightly decreased, and enterprise shipment situation is fair, about 427 yuan / ton; caustic soda Market is weak, the market starts smoothly, and the downstream market demand is flat, at present, about 475 yuan / ton. The main downstream flame retardant market purchase of bromine is still mainly based on rigid demand, and the market start-up is flat, and the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side does not support the price of bromine.
3、 Future forecast
Analysts of bromine industry of business society believe that at present, the overall supply and demand of bromine market is in a tight balance state, enterprises’ inventory pressure is not big, and the price intention is good. However, in the long run, the demand in the downstream market is still weak, and there is insufficient support for bromine price. It is expected that the bromine price will rise steadily in a short time.
| Benzalkonium chloride |