1、 Price trend

According to the data monitoring of the bulk list of business society, bromine prices rose slightly this week. At the beginning of the week, the average market price was 54142.86 yuan / ton. On January 17, the average market price was 54857.14 yuan / ton, with a price increase of 1.32%. On January 17, the bromine commodity index was 192.48, up 1 point from yesterday, down 21.49% from the highest point 245.18 in the cycle (2021-10-27), and up 226.68% from the lowest point 58.92 on October 29, 2014. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the domestic bromine price is rising slightly. At present, the mainstream price of Shandong enterprises is about 53000-58000 yuan / ton. The main reason for the rise of bromine price is that bromine enterprises are reluctant to sell their plates near the Spring Festival, and there is a mentality of price inflation. However, the purchasing enthusiasm of the main downstream flame retardant industry is still not high, and it is resistant to the high price of bromine. However, as the Spring Festival is approaching, there is a demand for replenishment in the downstream. And the inventory of bromine enterprises is low, so there is no hurry to ship.

In terms of raw materials, the price of sulfur rose this week. The average market price at the beginning of the week was about 2060 yuan / ton, and the average market price at the weekend was 2096.67 yuan / ton, up 1.78%, 108.97% over the same period last year. There is no inventory pressure in domestic refineries, downstream sulfuric acid is purchased on demand, the market demand for liquid sulfur is weak, and the price is slightly adjusted; The demand for sulfur in downstream phosphate fertilizer has increased, the shipment of enterprises is smooth, the market progress of winter storage fertilizer is good, and the price of sulfur fixation has increased.

Business analysts believe that the price of bromine has risen, but the downstream flame retardant and intermediate industries of bromine are resistant to the high price of bromine and mainly purchase on demand. The quotation of bromine enterprises is strong near the Spring Festival. However, with the arrival of imported bromine in Hong Kong in the latter ten days, it is comprehensively expected that the short-term bromine price consolidation operation will be mainly based on the downstream market demand.