1、 Price trend
This week, the price of bromine has been rising and running in the market. The average market price at the beginning of the week was 37600 yuan/ton, and the average market price over the weekend was 38600 yuan/ton, with a price increase of 2.66% and a year-on-year increase of 35.15%. On September 17th, the bromine index was 133.68, an increase of 1.75 points from yesterday, a decrease of 45.73% from the highest point of 246.32 points during the cycle (2026-04-07), and an increase of 126.88% from the lowest point of 58.92 points on October 29, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)
2、 Market analysis
This week, the price of bromine has been rising and running in the market. The recent price of bromine in Shandong region is around 38000-40000 yuan/ton at the current stage of bromine shipment price range. Manufacturers’ inventories are generally low, and there is a clear upward trend. The terminal maintains the strategy of purchasing for essential needs, gradually starting pre holiday stocking, and market trading is stable. Factory inventory is generally at a low level, with no pressure of inventory backlog, and quotations have been raised multiple times based on market transactions. On the demand side: However, the downstream industry demand is generally average, so we will continue with the procurement of essential needs.
In terms of raw materials: Domestic sulfur prices have fallen overall this week, with an average market price of 7869 yuan/ton at the beginning of the week and 7669 yuan/ton over the weekend, a decrease of 4.71%, a decrease of 2.45% compared to the same period last year, and an increase of 190.02% compared to the same period last year. Downstream demand is still acceptable.
Prediction: Bromine prices are expected to consolidate in the near future, while upstream sulfur prices are expected to remain weak. Bromine supply is expected to remain low due to low inventory levels, but downstream purchases are mostly made on demand, resulting in a sluggish overall trading atmosphere. The overall supply-demand game predicts that bromine prices will remain strong in the later stages, but the increase will be limited, depending on downstream market demand.
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