Bromine market in China is stable and strong this week (4.13-4.17)

1、 Price data:

 

According to the data monitoring of the business club’s bulk list, this week’s domestic bromine market was in a stable state. At the beginning of the week, the average factory price of bromine was about 30000 yuan / ton, and at the end of the week, it was about 30055 yuan / ton, slightly up 0.19% in the week, down 14.02% from the same period last year.

 

Thiourea dioxide

2、 Cause analysis

 

Products: at present, the operation rate of domestic bromine production enterprises has increased slightly, and the overall operation rate of the market is nearly 50%. After long-term consumption, the inventory of enterprises has reached a low level, and the market supply is still relatively stable. Due to international health events, the import of bromine has declined, and the downstream market is relatively slow to resume work, which is just in need. At present, the quotation of mainstream enterprises is about 29500-30000 yuan / ton.

 

Thiourea

Industry chain: the upstream market of bromine tends to decline this week, among which the sulfur market is down by 4.26%, at present about 600 yuan / ton; the sulfuric acid market is down by 14.5%, at present 285 yuan / ton; the caustic soda market is stable in operation within the week, at present about 530 yuan / ton; the soda market is down by 5.33%, at present about 1480 yuan / ton. The main downstream flame retardants market of bromine starts generally, and the purchase of rigid demand is the main industry. The start-up recovery of pharmaceutical and pesticide intermediates and other industries is relatively slow, and the overall rigid demand is relatively soft.

 

3、 Future forecast

 

According to the bromine industry analysts of business association, with the gradual recovery of bromine market, the spot in the industry will be greatly improved, but the overall output is still lower than the normal level in previous years. Due to the impact of foreign epidemic, the imported bromine will be significantly reduced, but the downstream market is still slow to resume work, and the demand for bromine is much rigid, which is expected to be stable and strong in a short time.

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