1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine market continued to be strong in November. As of November 30, the average price of bromine in Shandong was about 32555 yuan / ton, an increase of 2.09% compared with the beginning of the month, and an overall increase of 5.78% over the same period last year.

2、 Cause analysis

This month, the overall domestic bromine market started stable, and the market inventory was low. Shouguang, one of the main bromine production areas, has issued a notice that all bromine enterprises in the region will stop production from December 25, 2020 to February 19, 2021. In order to meet the coming winter parking period, some manufacturers have started to prepare their warehouses. The shipping intention is not high, the market supply is tight, and the downstream flame retardant market has high prices At present, mainstream bromine enterprises offer about 32500-33000 yuan / ton.

Industrial chain: upstream, at present, the inventory of refineries in various regions of the domestic sulfur market is low, and downstream factories and traders replenish as needed. The attitude of the shippers is better, and they intend to increase the market price. In terms of port, cargo rights are concentrated, low prices are hard to find, and the downstream market is not willing to accept high price goods. The dealers in the field mainly talk about caution, which is about 956 yuan / ton. In terms of sulfuric acid, the sulfur market in the upstream has been consolidated at a high level recently, and the cost support is good. The high consolidation of downstream market has a positive impact on sulfuric acid. At the same time, some sulfuric acid manufacturers are short of operation recently, the load is reduced, and the supply of sulfuric acid is tight At present, the price of caustic soda is about RMB 415 / ton, and the price of caustic soda is stable, but the price of caustic soda is stable and stable, and the price of caustic soda is expected to increase at present. The market of main downstream flame retardants of bromine is weak, and it is mainly on demand for bromine purchase. The overall intention of receiving goods is flat, and there is obvious conflict with the high price of bromine. The industry of pharmaceutical and pesticide intermediates is generally started, and the demand side supports the price of bromine.

3、 Future forecast

The bromine industry analysts of the business society believe that at present, the domestic bromine market price is firm and the supply is expected to decline significantly. In the case of no pressure on the enterprise inventory, the price intention is good, the downstream just needs to be flat, and the game atmosphere between supply and demand is becoming stronger. It is expected that bromine will still be strong in a short period of time.