Limited spot, strong bromine Market

1、 Price data:

 

Sulfamic acid 99.80%

According to the data monitoring of the bulk list of business associations, the domestic bromine market has been running steadily recently. As of November 17, the average price of bromine in Shandong was about 32277 yuan / ton, up 1.22% compared with the beginning of the month, and 4.87% higher than that of the same period last year.

 

2、 Cause analysis

 

At present, the spot supply of bromine market in China is limited. With the gradual cooling of the weather, the production of bromine from sea water is declining, and the market supply is expected to decline. The overall operation of the industry is relatively stable, and the enterprise inventory is low. Under the condition of no pressure of enterprise inventory, the price of mainstream bromine enterprises is about 32000-33000 yuan / ton.

 

Industrial chain: in the upstream, the domestic sulfur market is mainly stable, and the sulfur price in the market is firm. Domestic refineries quote according to their own shipment situation, and the prices of various regions are temporarily stable. At present, the downstream demand is stable and the shipment is smooth, with about 950 yuan / T. the sulfuric acid market starts to drop, the market supply is tight, the upstream and downstream support is good, the prices of mainstream manufacturers are rising, and the manufacturers’ inventory is small, At present, the market performance of soda ash is about 415 yuan / ton. Downstream manufacturers purchase on demand and enterprises actively ship. Downstream purchase is mainly based on demand, while traders hold a wait-and-see attitude. The market price changes little. At present, it is about 490 yuan / ton. The market of main downstream flame retardants of bromine is stable, and the support from the demand side is good. With the price of bromine rising to the high level in the year, the enterprises are in conflict with the high price of bromine; the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side supports the price of bromine flat.

 

3、 Future forecast

 

Analysts of bromine industry of business society believe that at present, the overall inventory of bromine market in China is on the low side, and the future production is not expected to be sufficient. Some downstream companies are resistant to the high price of bromine. Bromine enterprises are gradually preparing their stocks, and the game atmosphere of supply and demand in the industry is around. It is expected that bromine will continue to run stably in a short period of time.

Sulfamic acid