1、 Price data:
| PVA 1799 (PVA BF17) |
According to the data monitoring of the bulk list of business associations, affected by the relationship between supply and demand, the price of bromine in Shandong has risen strongly. As of September 22, the average price of bromine in Shandong was about 30333 yuan / ton, up 4.6% compared with the beginning of the month and 0.95% lower than that of the same period last year.
2、 Cause analysis
Products: at present, domestic bromine enterprises generally have low inventory, production is not as expected, the downstream flame retardant market demand is gradually improving, the market trading performance is fair, the industry as a whole presents a tight balance, the enterprise inventory without pressure has a good price intention. At present, mainstream bromine enterprises offer 30000-31000 yuan / ton.
| PVA |
Industrial chain: in the upstream, the price of sulfur market is stable, and the downstream traders and factories mainly replenish the goods as needed. The refineries in various regions can ship the goods, and the seller’s mentality is good. The sulfur market is mainly bullish in the later stage, at present, it is about 843 yuan / ton. The sulfuric acid market fluctuates upward, and the downstream demand for sulphuric acid is more active. Under the contradiction between supply and demand, the product trend is upward. In the short term, Shandong market is in the supply and demand and supply Under the influence of raw materials and other aspects, the sulfuric acid market may rise slightly, at present, it is about 392 yuan / ton; the price of domestic liquid caustic soda is relatively stable and weak, and the intention of preparing goods before downstream festivals weakens, and the industry is obviously bearish on the market after the National Day. The market of main downstream flame retardants of bromine gradually recovered, and the price support of bromine on the demand side was fair; the industry of pharmaceutical and pesticide intermediates started in general, and the support of demand side for bromine price was flat.
3、 Future forecast
According to the bromine industry analysts of the business club, the stock preparation of the downstream flame retardant market was basically completed before the National Day holiday, the market trading activity decreased, and the enterprise production gradually recovered. Some downstream companies had certain resistance to the high price of bromine. It is expected that the bromine market will be stable in a short time, and the competition between supply and demand will be intensified.
| POLYVINYL ALCOHOL |