This week’s Bromine market rally (10.16-10.22)

I. Price data:

 

According to the business community’s large number of data shows that this week, the domestic bromine market trend of a small probe, trading near the weekend to improve. At the beginning of the week, the average price of domestic enterprises in 29272 yuan/ton, to the end of this weekend, the price of factory prices in 29454 yuan/ton, the overall rise in 0.62%, the current prices rose last year 10.77%.
Thiourea
Second, market analysis

 

Product: This week, the domestic bromine plant start-up rate is basically normal, the market supply relatively stable, the mainstream factory price in 29000-31000 yuan/ton interval, some bromine enterprise inventory is not high, shipments more according to plan, the market overall transaction situation turn well;

 

Industry chain: Bromine upstream related products this week market performance to rise mainly, the domestic sulfur market as a whole upward trend, the domestic refinery price increases substantially, the overall cost of the bromine market support is good; another related product caustic soda market in the recent market narrow upward, and related products salt market price stability, The overall support for the bromine cost surface is good; bromine downstream products in the near future has improved, especially the fire retardant market to receive more active, pharmaceutical, pesticide intermediates in the recent start rate is also relatively improved, the overall performance of bromine procurement positive.

Magnesium sulphate

 

Industry: Bromine device parts of the region have discontinued, but the domestic bromine supply relatively stable, the current price is high, bromine enterprise mentality stable.

 

Third, future forecast

 

Current downstream market demand active support the current market, business community bromine industry analyst Zhou Yi that the recent increase in production, market supply will increase, downstream enterprises to take goods relatively active, is expected to increase the market turnover rate will be increased in the near future, the price will be stabilized by trading.