1、 Price data:

According to the data monitoring of the business club’s block list, the domestic bromine market has been at a high level recently. As of January 13, the average price in Shandong was about 33666 yuan / ton, up 1% from the beginning of this month and 10.58% from the same period last year.

2、 Cause analysis

At present, the domestic bromine market is stable and strong as a whole. Except for Dongying area and individual enterprises maintaining production, other enterprises have stopped. The spot supply in the market is reluctant to sell, and the inventory of enterprises is exhausted. However, the downstream market just needs to be flat, and the transaction in the industry is flat. At present, the quotation of mainstream bromine enterprises is about 33500-34000 yuan / ton.

In the upstream, the sulfur market is strong, the overall inventory is low, the trade is still good, and the shipment is smooth. The future market focuses on the follow-up situation of the downstream, which is about 1003 yuan / ton at present. The downstream market of sulfuric acid is good, and the purchasing enthusiasm of sulfuric acid is normal. In the short term, under the influence of supply and demand, raw materials and other aspects, the Shandong market will rise slightly, which is about 317 yuan / ton at present; The price of caustic soda is weak and stable, the overall ex factory price of caustic soda is stable and small, the cost side changes little, the downstream purchase demand is general, about 485 yuan / ton at present, it is expected that the follow-up or narrow range of caustic soda is weak. The main downstream flame retardant market of bromine is in a weak and stable operation, the start-up of the industry is flat, the demand for bromine is general, the overall receiving intention is insufficient, and the resistance to the high price of bromine is obvious.

3、 Future forecast

Business community bromine industry analysts believe that the domestic bromine market is basically in a state of shutdown, and the spot and inventory are at a low level. However, the downstream market is short of just demand, which has obvious resistance to the high price of bromine, and the supply and demand game in the industry is obvious. It is expected that bromine will still be strong in a short period of time.