1、 Price data:
| PVA |
According to the data monitoring of the bulk list of business associations, recently, the price of bromine in Shandong continued to rise. As of September 15, the average price of bromine in Shandong was about 29944 yuan / ton, up 3.26% compared with the beginning of the month, and 1.21% lower than the same period last year.
2、 Cause analysis
Product: at present, the overall supply of bromine market in China is still tight. In addition, the government began to levy resource tax in September, the price of bromine continues to rise, the overall inventory of bromine enterprises is low, the demand of downstream market is stable, and the bromine market is strong and upward. At present, mainstream bromine enterprises offer about 29500-31000 yuan / ton.
| PVA 1799 (PVA BF17) |
Industrial chain: in the upstream, the sulfur market is stable and firm, the port delivery is relatively small, and the market trading is weak, with stable price at present, which is about 796 yuan / ton; the sulfuric acid market is running stably, and the downstream market is purchasing rigid demand; in addition, due to the transportation constraints during the national day, the market has stabilized recently, at present, about 392 yuan / ton; the domestic price of liquid caustic soda is basically stable, mainly due to price deadlock, and downstream demand The weakening problem has led to the weakening of the price. The overall supply of caustic soda exceeds the demand, and the demand has not improved. At present, it is about 452 yuan / ton. The main downstream flame retardant market of bromine just needs to be stable, and the stock preparation is active before the festival; the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side supports the bromine price moderately.
3、 Future forecast
According to the bromine industry analysts of the business society, the tight balance between supply and demand in the domestic bromine market is difficult to ease in a short period of time, and the downstream market has a high degree of intention to prepare goods before the festival. In addition, some bromine enterprises have accumulated inventory, and the market supply is still tight. It is expected that the bromine price will rise strongly in a short period of time.
| POLYVINYL ALCOHOL |