SunSirs: Future Market of Bromine Depends on Downstream Market Demand
March 07 2023 14:00:35The latest price of bromine (March 6): 30500 RMB/ton will be bearish in the future
Key points of analysis: the price of bromine on March 6 fell by 3.79% compared with the previous trading day. The price of bromine continued to be weak, and the price of bromine in Shandong continued to decline without the support of good news. The downstream flame retardant and intermediate industries are actively shipping, but the market is sluggish, and the demand is obviously bleak. Bromine enterprises and manufacturers intend to stabilize the price, but the demand support is relatively weak. The operators are pessimistic, and the contradiction between supply and demand of bromine is difficult to alleviate in a short time.
Aftermarket forecast: It is comprehensively estimated that the operation will still be weak in the later stage, depending on the downstream market demand.
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