1、 Price data:

According to the data monitoring of the bulk list of business associations, affected by the expected decline in supply, the domestic bromine market has been strong and upward. As of December 10, the average price in Shandong was about 33000 yuan / ton, up 1.37% compared with the beginning of the month and 6.64% higher than the same period last year.

2、 Cause analysis

Affected by the cold weather, the bromine production enterprises in North China began to reduce the burden, and the spot supply of bromine declined. Weifang, the main production area, is about to enter the shutdown period. The manufacturers’ shipping intention is flat. In addition, the overall inventory of the industry is low, and the enterprises have a good attitude to stand up for price. The downstream market does not have a high acceptance intention of bromine high price. The supply and demand game is playing. At present, the mainstream bromine enterprises offer about 33000-33500 yuan / ton 。

On the upstream side, the domestic sulfur market has been stable for a while, and the sulfur market has been running steadily. There is no low-cost shipping intention for the holders. At present, the downstream demand is stable and the shipment is smooth, and the procurement is mainly based on demand. The future market pays attention to the follow-up of the downstream, which is about 1010 yuan / ton. In terms of sulfuric acid, the price of raw materials has been running at a high level recently, and the cost support is good. In addition, some sulfuric acid manufacturers do not have enough operation, The load is reduced and the supply of sulfuric acid is tight, at present, it is about 437 yuan / ton; the price of caustic soda is temporarily stable, the mainstream ex factory price of 32% caustic soda is 400-530 yuan / T, the downstream purchasing demand is general, there is a certain conflict with the current caustic soda price, and it is expected that the follow-up or narrow range of caustic soda will be weak. The main downstream flame retardant market of bromine started production generally, but there was insufficient demand for bromine purchasing, the overall intention of receiving goods was flat, and the high price of bromine was obviously contradicted; the start-up of pharmaceutical and pesticide intermediates and other industries was flat, and the demand side generally supported the bromine price.

3、 Future forecast

The bromine industry analysts of the business society believe that, with the reduction of supply expectation, the domestic bromine market will continue to be strong. Most of the production enterprises prepare for storage during the long shutdown period. The shipping intention is flat and the sentiment is warm. However, the downstream market generally receives goods, and sporadic bulk orders are mainly traded. The supply and demand game is playing. It is expected that the bromine market will still be strong in a short period of time.