1、 Price data:

According to the data monitoring of the business club’s bulk list, affected by the poor downstream demand, the price of bromine in Shandong fell in shock this week. The average price at the beginning of the week was about 29111 yuan / ton, and the average price at the weekend was about 28777 yuan / ton, down 1.15% in the week, down 17.61% compared with the same period last year.

2、 Cause analysis

Products: this week, the production of domestic bromine enterprises remained at a normal level, and the market as a whole fell by about 1000 yuan / ton compared with the end of last month. The enterprise’s shipment was not good, the inventory gradually accumulated, and the spot supply was stable. As the downstream demand failed to rise, the situation of bromine market oversupply will continue to intensify. At present, the quotation of mainstream bromine enterprises is about 27500-29000 yuan / ton.

Industry chain: the market price of sulfuric acid is mainly stable, the inventory of enterprises is low, the downstream demand is flat, and it is kept at about 290 yuan / ton in a week; the price of liquid chlorine stops falling and rebounds, some enterprises are recovering in the process of unit maintenance, the market supply is relatively small, and the demand of downstream market is improving, which supports the sharp rise of liquid chlorine price in two ways. At present, about 700-800 yuan / ton is in Shandong; outside sulfur Due to the tight supply and higher price than the intended purchase price, the domestic market is relatively inconsistent with the high-end price, and the market transaction is slightly flat, at present, about 556 yuan / ton; the domestic soda ash market atmosphere is flat, and the transaction is general, and the overall inventory pressure of the enterprise is still large. Although the manufacturer plans to reduce the inventory of parking maintenance, the overall transaction is still average, at present, about 1266 yuan / ton. The overall operating rate of the main downstream flame retardant market of bromine is less than 50%, the buying atmosphere in the industry is general, the demand for bromine is poor, the starting of pharmaceutical and pesticide intermediates and other industries is flat, and the overall rigid demand is soft.

3、 Future forecast

According to the bromine industry analysts of the business association, at present, the demand side of the downstream market of bromine has no positive improvement, while the bromine market is in the peak season of production, and the situation of market supply exceeding demand is becoming more and more intense. The support for the bromine market is negative, and the market is full of bearish mentality. It is expected that the bromine market in China will be weak in a short period of time.