1、 Price data:
According to the data monitoring of the bulk list of business associations, at present, the domestic bromine market is weak and stable, and the average price of bromine in China remains around 30277 yuan / ton, down 12.87% from the same period last year.
2、 Cause analysis
Products: due to novel coronavirus pneumonia and the restrictions of weather protection and other factors, the domestic bromine enterprises are generally in the parking period, the industry is running out of stock and the market is tight, but the downstream needs are just flat. Logistics and transportation have just recovered. So the industry is trading lightly, and the mainstream enterprises are offering about 29500-30050 yuan / ton.
| Thiourea |
Industry chain: the upstream market of bromine in China is light and stable, the market is not sufficient to start, the transportation is limited, and the downstream demand is flat. At present, sulfur is about 470 yuan / ton, sulfuric acid is about 320 yuan / ton, caustic soda is about 600 yuan / ton, and soda ash is about 1550 yuan / ton. In the downstream, the market performance of flame retardants is relatively weak, and the pharmaceutical and agricultural intermediate industries are on the low side, which has a negative impact on the price of bromine as a whole.
3、 Future forecast
According to the bromine industry analysts of business association, the supply and demand of bromine market in China are weak at present, which will maintain stable operation in the short term. After the two sessions and the epidemic, the market will usher in a turnaround.
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