1、 Price data:
| Sulfamic acid 99.80% |
According to the commodity data monitoring of the business community, in 2020, the domestic bromine market declined steadily in the first half of the year, and continued to rise in the second half of the year. At the beginning of the year, the average price of domestic bromine was about 30666 yuan / ton, and rose to about 33333 yuan / ton at the end of the year, with an increase of 8.7%; the lowest price of the year appeared in the middle of July, 26277 yuan / ton, and the highest price was 33333 yuan / ton at the end of the year, with an overall amplitude of 26.82%. According to statistics, as of November 2020, the domestic bromine market has imported about 48000 tons of bromine, a decrease of about 13% compared with the same period last year, and the accumulated import amount is more than 170 million US dollars.
In the first stage, from the beginning of the year to the end of May, the domestic bromine market as a whole declined steadily. The average price at the beginning of the year was about 30666 yuan / ton, and the average price at the end of May was about 29777 yuan / ton, with an overall decline of 2.9%. The bromine market as a whole was weak and stable, the recovery of enterprises was slow, and the spot supply in the market was tight, Therefore, the price of bromine did not fluctuate greatly, and the market as a whole was still weak in supply and demand.
In the second stage, from the beginning of June to the middle of July, the domestic bromine market fell sharply, with an average price of about 29111 yuan / ton in early June and 26277 yuan / ton in the middle of July, with an overall decline of 9.73%. Affected by the rising gas temperature, the start-up of domestic bromine enterprises gradually recovered, and the overall trend of oversupply of bromine market became more obvious. The start-up of seawater bromine enterprises in North China was stable, while that in Shandong was stable The overall spot supply of the market is stable, and the downstream flame retardant market is recovering. However, most manufacturers are mainly consuming inventory, and the overall operating rate has not been significantly improved. Bromine enterprises are forced to bid for shipment, and bromine prices continue to decline.
In the third stage, from July to the end of the year, the average price of domestic bromine was about 26277 yuan / ton at the end of July, and rose to about 33333 yuan / ton at the end of the year, with an overall increase of 26.85%, the biggest increase in three years. Affected by the rain weather, the domestic bromine market output was lower than expected after July. In addition, the downstream flame retardant market production entered the peak season, and the industry as a whole showed a situation of short supply. In addition, Shandong began to levy resource tax, and the bromine price continued to rise. After the National Day holiday, with the effective solution of the domestic epidemic, the downstream terminal purchasing was active, and the demand side support was good At the end of this year, as the weather turned colder and the market supply was expected to decline, the market demand for flame retardants was also weak. The trade volume in the industry was light and the rise slowed down.
In the upstream market, the rise and fall of sulfuric acid, sulfur and caustic soda markets have little impact on the overall price of bromine. The sulfuric acid market fluctuated and adjusted, showing a “few” shape trend as a whole, with the lowest price of 285 yuan / ton and the highest price of 434 yuan / ton, with an amplitude of 52.44%; the sulfur market fluctuated upward, with an increase of 99.17%, the lowest price of 270 yuan / ton and the highest price of 1002 yuan / ton, with an amplitude of 113.29%; the caustic soda market fluctuated downward, with an overall decline of 23%, and the highest price of 632 yuan / ton, with the lowest price The price is 450 yuan / ton, and the amplitude is 28.8%.
According to the bromine analyst of business society, the domestic bromine price in 2020 will be in the middle of the past five years, and the overall market trend will be roughly the same. Due to the periodicity of domestic bromine production, the supply and demand of bromine in the first quarter of 2020 was not affected by international health events, and there was no big fluctuation compared with the past. With the recovery of domestic market, the trend of domestic bromine price in 2020 showed a steady decline in the first half of the year as a whole, and continued to rise after summer In comparison, the overall performance is similar. It is expected that the domestic bromine market will remain high and firm in a short time. We need to pay attention to the policy adjustment in the future.
| Sulfamic acid |