The atmosphere of the game between supply and demand is getting stronger and stronger. The market price of bromine is high and firm

1、 Price data:

 

POLYVINYL ALCOHOL

According to the data monitoring of the bulk list of business associations, the domestic bromine market continued to be strong. As of November 23, the average price of bromine in Shandong was about 32555 yuan / ton, up 2.09% compared with the beginning of the month, and 5.78% higher than the same period last year.

 

2、 Cause analysis

 

The domestic bromine market continued to be strong. With the gradual decrease of temperature, the bromine market entered the production off-season. At present, the inventory of enterprises was generally low, and the future supply expectation was limited. The purchasing enthusiasm of the downstream market decreased compared with that before, which contradicted the high price of bromine. The competition atmosphere between supply and demand in the market became more and more intense. The mainstream bromine enterprises quoted about 32500-33000 yuan / ton.

 

Industrial chain: in the upstream, the domestic sulfur market is stable, the market sulfur price is firm, and there is no low price shipping intention. Domestic refineries quote according to their own shipment situation, and the sulfur prices in various regions are stable. At present, the downstream demand is stable and the shipment is smooth, and the procurement is mainly based on demand, which is about 950 yuan / T. in terms of sulfuric acid, the upstream sulfur market has been consolidated at a high level recently, and the cost support is relatively high Well, the high consolidation of the downstream market has a positive impact on sulfuric acid. At the same time, some sulfuric acid manufacturers are short of operation recently, with reduced load and tight supply of sulfuric acid, which is about 415 yuan / ton. The domestic soda ash market is temporarily stabilized, the market atmosphere is light, and the downstream manufacturers are cautious and wait-and-see attitude. It is expected that the weak operation of soda ash in the later stage will be dominated, and at present, it is about 1816 yuan / ton. The main downstream flame retardant market of bromine turned weak, the market just declined, the enthusiasm for receiving goods declined, and the enterprises were somewhat resistant to the high price of bromine; the industry of pharmaceutical and pesticide intermediates started to operate generally, and the demand side supported the bromine price moderately.

 

3、 Future forecast

 

Analysts of bromine industry of business society believe that due to the declining trend of bromine market in the later stage, the tight supply situation in the industry will be further intensified. Some downstream companies have already prepared for storage, which is in conflict with the high price of bromine. The game atmosphere between supply and demand is getting stronger and stronger. It is expected that bromine will continue to run stably in a short period of time.

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