1、 Price data:
| Sulfamic acid 99.50% |
According to the data monitoring of the business club’s bulk list, this week the domestic bromine market is still weak and stable. The average price of bromine remains at about 30277 yuan / ton, down 13.49% from the same period last year.
2、 Cause analysis
Product: due to the delay of construction period in domestic bromine market this week, the overall start-up of the market is still at a low level, the enterprise inventory has been exhausted, the market supply is tight, but the downstream flame retardant and other markets are just in poor demand, the market supply and demand are weak, and the industry’s trading is light. At present, the mainstream enterprises offer about 29000-30000 yuan / ton.
| sulphamic acid |
Industry chain: the upstream market of bromine in China is up and down in different ways this week. The market has not yet fully recovered. At present, sulfur is up 19.08%, about 603 yuan / ton at present; sulfuric acid is down 4.025% in the week, about 300 yuan / ton at present; caustic soda is running steadily, about 602 yuan / ton at present; soda ash is up 1.93% in the week, about 1583 yuan / ton before the year. In the downstream, the market performance of flame retardants is relatively weak, the development of pharmaceutical and agricultural intermediates is relatively low, the overall rigid demand is weak, and the supply and demand are weak, which has a negative impact on the price of bromine.
3、 Future forecast
According to the bromine industry analysts of business association, at present, the domestic bromine market is basically in the off-market period, the spot supply is insufficient, the downstream demand is poor, and the overall support of the market is insufficient. It is expected that it will maintain a weak and stable operation in the short term, and the market will usher in a turnaround after the two sessions and the epidemic.
| Sulfamic acid |