Bromine prices continued to consolidate at a high level this week (6.14-6.18)

1、 Price trend

Bromate prices are high, according to data monitoring on the business community’s bulk list. The average price of the market forces in Shandong Province was 45312.5 yuan / ton at the beginning of the week, 45937.5 yuan / ton at the weekend, with the price up 1.38%, and the price rose 65.04% compared with the same period last year. The bromine commodity index, which was 161.18 on June 17, was flat with yesterday, a record high in the cycle, up 173.56 percent from the lowest point of 58.92 on October 29, 2014( Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

At present, the domestic bromine is high and strong. The main trend of enterprises is 45000-46500 yuan / ton. The overall price of bromate is relatively strong. The bromine market in Shandong Province has been producing under low load for a long time, with the source of goods being more tense, the long-term start of bromine enterprises is insufficient, the bromate production growth is slow, the market supply is relatively tight as a whole, and the downstream flame retardant and intermediate procurement is still available, which supports the bromine price. However, there is a conflict with the long-term rise of bromate, but the overall low price goods are difficult to find, and cannot accept high price Brom.

Raw materials: domestic sulfur market market is running stably temporarily, and refineries in various regions offer stable prices according to their own delivery conditions. At present, the domestic refinery inventory is low, traders enter the market on demand to purchase, and the external price is strong. The downstream phosphate fertilizer performance is stable, there is no intention of low price delivery in the spot market, and the buyer and the seller are mainly waiting. The sulfur market in the future is stable for a while, and the downstream follow-up situation is concerned.

Analysts of business society believe that the overall long-term supply of Brom is insufficient. Now, it is only acceptable for the downstream flame retardant and intermediate industries of brome to support, but they are resistant to high price bromate, but the low price is difficult to find. It is expected that the short-term high-level operation of bromine price will be completed, and the specific market demand in the downstream is seen.

POLYVINYL ALCOHOL