SunSirs: Bromine price is running well this week (6.6-6.10)
June 10 2022 13:58:451、 Price trend
2、 Market analysis
At present, the mainstream price of bromine manufacturers in Shandong is about 58000-60000 RMB/ton. The price of bromine is rising, and the supply of bromine is still relatively tight. Bromine manufacturers have a strong willingness to support the price. The overall performance of the downstream flame retardant and intermediate industries in recent years is general, and the support for high priced bromine is insufficient.
In terms of raw materials, the domestic sulfur price went down. At the beginning of the week, the average market price was about 4023.33 RMB/ton, and at the end of the week, the average market price was 3963.33 RMB/ton, down 1.49% and up 145.66% year-on-year. Some domestic refinery units are still under maintenance. The manufacturers inventory is low, the quotation is high and firm, the downstream sulfuric acid market is weak, the demand for sulfur purchase is weakened, the ammonium phosphate Market is temporarily stable, mainly for just needed purchase, the sulfur market is high, and the downstream has resistance to high priced sulfur. In order to maintain the pace of shipment, some refineries have slightly reduced their quotations.
According to the analysts of the SunSirs, bromine prices have risen recently, enterprises have no inventory pressure, and the supply is still relatively tight. Bromine manufacturers have mostly supported prices. The downstream flame retardant and intermediate industries of bromine have generally performed in the recent period, and they lack support for bromine and are resistant to the high price of bromine. It is comprehensively estimated that the high price of bromine in the short term will consolidate the operation market, depending on the demand of the downstream market.
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- 2024-04-01 SunSirs: On March 28th, Bromine Prices Were Running Weakly
- 2024-03-19 SunSirs: This Week, the Price of Bromine in the Market Was Weak (March 11-15)
- 2024-03-05 SunSirs: The Market Price of Bromine Was Weakly Operating (February 26-March 1)
- 2024-02-04 SunSirs: This Week's Bromine Market Price Was Consolidating (January 29-February 2)
