1、 Price data:
| polyglycolic acid pga |
According to the data monitoring of the bulk list of business associations, the current domestic bromine market is at a high level. As of October 22, the average price of bromine in Shandong was about 31777 yuan / ton, up 4.76% compared with the beginning of the month, and 2.69% higher than that of the same period last year.
2、 Cause analysis
At present, the domestic bromine market continues to rise, the industry as a whole starts smoothly, the enterprise inventory is low, some enterprises reduce the shipping intention for the purpose of stock preparation. As the weather turns cold, the future production increase is expected to decline, but the downstream market has already resisted the high price of bromine. At present, the mainstream bromine enterprises offer 31500-32000 yuan / ton.
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Industry chain: in the upstream, the domestic sulfur market has been stable for the time being, the sulfur manufacturers’ quotation in various regions is stable, the downstream demand is stable, the business attitude is positive, the sulfur quotation in the market is firm, and the low price in the field is hard to find. The future market pays attention to the follow-up of the downstream, and at present, the price of mainstream sulfuric acid manufacturers is temporarily stable, the inventory of manufacturers is small, the downstream demand is strong, and the end price of raw materials is The support is strong, at present, about 397 yuan / ton; the caustic soda market is running stably, the overall trading in the industry is fair, and the enterprise’s inventory pressure is not big, at present, it is about 500 yuan / ton. The market of main downstream flame retardants of bromine started fairly well, which supported the price of bromine strongly, but the terminal demand fell down, which contradicted the high price of bromine; the industry of pharmaceutical and pesticide intermediates started in general, and the demand side had flat support for bromine price.
3、 Future forecast
The bromine industry analysts of the business agency believe that at present, the spot supply of bromine market in China is on the low side, and the output will further decline after the weather turns cold. However, the downstream market has certain resistance to the high price of bromine, and it is expected that the bromine market will still be strong in a short time.
| Polyglutamic acid |