1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the price of bromine has declined this week. At the beginning of the week, the average market price was 55200 yuan/ton. On April 23rd, the average market price was 41400 yuan/ton, a decrease of 25% and an increase of 25.45% compared to the same period last year. On April 22, the Business Society Bromine Index was 179.30, a decrease of 6.66 points from yesterday, a decrease of 27.21% from the highest point of 246.32 points during the cycle (2026-04-07), and an increase of 204.31% 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 quotation of bromine in Shandong region is relatively chaotic, but overall it is running weakly. The price of bromine in the Shandong market has fallen, with reference prices for manufacturers ranging from 35000 to 42000 yuan/ton. The quotes from manufacturers have also declined, creating a strong bearish atmosphere. The operating rate of the supply industry is steadily increasing, and spot inventory is slowly being replenished. In terms of demand: The downstream industry has average demand and continues to require essential procurement. Downstream enterprises have average purchasing enthusiasm and generally wait for prices to stabilize before making purchases.
In terms of raw materials, domestic sulfur prices have been overall consolidating this week. The average market price at the beginning of the week was 5950 yuan/ton, and on April 22, the average market price was 6000 yuan/ton, with a price increase of 0.84% and a year-on-year increase of 179.81%. Downstream demand is still acceptable.
Prediction: Bromine prices are expected to remain weak in the near future, while upstream sulfur prices are expected to consolidate. Bromine supply is slowly recovering in the near future, and downstream buyers are mostly purchasing on demand, with a wait-and-see attitude towards bromine. The overall supply-demand game predicts that bromine will continue to operate weakly in the later stage, depending on downstream market demand.
| http://www.polyvinylalcohols.com |