According to the monitoring of the large list data of business cooperatives, the bromine price is weak and the overall market turnover is average. It can be seen from the monitoring chart of the business community that the price of bromine continued to rise from late September to November. At the beginning of November, the average market price was 49800 yuan/ton. On November 15, the average market price of bromine was 47800 yuan/ton, down 4.02%, 30.29% compared with the same period last year. Up to now, the mainstream quotation of bromine in Shandong is about 46000-48000 yuan/ton.

Downstream

The downstream flame retardants, pesticide intermediates and other industries have recently started to maintain low load, with low demand and insufficient support for bromine price. Tetrabromobisphenol A, the mainstream offer is about 44000-46000 yuan/ton, which is about 1000 yuan/ton lower than that at the beginning of the month. The inquiry atmosphere is weak, and the market deals sporadically. The supply and demand game, bromine enterprises shipping is not smooth. The market transaction is still dominated by just need procurement, the industry is pessimistic, and there is a phenomenon of taking advantage of opportunities to lower prices.

Supply side

In winter, the bromine industry routinely stopped production, and the industry prosperity declined. At present, the overall operating rate of the bromine industry remains at about 64%, down about 4% from last week. Affected by the temperature, some seawater bromine devices in Shandong stopped, and the output of seawater bromine declined. Although bromine enterprises have not started enough, they still have inventory, and most of them mainly consume inventory in the early stage.

Imports

Imports are sufficient. According to customs data, the cumulative import of bromine from January to September was 48000 tons, with a year-on-year increase of 1.6%. Imported bromine is still an important supplement to domestic bromine. According to the import volume of bromine in previous years, the annual import volume of bromine in 2022 is expected to exceed 60000 tons.

Related products: The upstream sulfur price is temporarily stable. At present, the sulfur market is on the sidelines. The manufacturer’s production is stable. The downstream sulphuric acid market is under consolidation and operation. The support for sulfur is limited. The progress of winter fertilizer storage is slow. The demand for sulfur is weak. The enterprise will ship as needed. It is expected that the sulfur market will be under consolidation and operation in the future.

According to the analysts of the business society, the price of bromine is weak in the near future. The downstream flame retardant and intermediate industries of bromine are generally supported in the near future. The supply and demand of both sides play a game. The spot supply of bromine is sufficient, and there is an opportunity to depress the price in the downstream. It is comprehensively expected that the short-term bromine price will be weak, depending on the downstream market demand.