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SunSirs: Bromine prices rose this week (5.23-5.27)
May 27 2022 14:30:21()

1、 Price trend

2、 Market analysis

At present, the mainstream price of bromine enterprises in Shandong is about 56000-58000 RMB/ton. The price of bromine is rising, the price of bromine is running at a high level, the output increase is less than expected, the imported bromine is insufficient, and the downstream flame retardant and intermediate industries can support bromine in the near future.

In terms of raw materials, the domestic sulfur price rose. At the beginning of the week, the average market price was about 4040 RMB/ton. At the end of the week, the average market price was 4053.33 RMB/ton, up 0.33%, up 159.28% year-on-year. The downstream phosphate fertilizer market is running at a high level, and the demand for sulfur purchase is good; The sulfuric acid market is weak, but it has little impact on sulfur demand. The domestic sulfur supply is tight. With the high support of the port price, the domestic refinery quotation is strong. The short-term sulfur market is mainly on the sidelines. The quotation is only for reference, and the actual transaction price shall prevail.

According to the analysts of the SunSirs, bromine prices have risen recently. There is no inventory pressure on enterprises, and the output increase is less than expected. Bromine enterprises have more prices, and the support of bromine downstream flame retardants and intermediates industry is OK. It is comprehensively expected that the short-term bromine prices will run better, depending on the downstream market demand.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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