1、 Price trend

According to the data monitoring of the business club’s block list, the price of bromine rose this month. At the beginning of the month, the average market price was about 34277.78 yuan / ton, and at the end of the month, the average market price was 35055.56 yuan / ton, up 2.27%, 16.85% over the same period last year. On March 31, the bromine commodity index was 123.00, which was the same as yesterday, reaching a record high in the cycle, up 108.76% 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 mainstream price of domestic bromine enterprises is about 35000-36500 yuan / ton, and the price of bromine is relatively strong. The bromine market in Shandong Province is in short supply, and the downstream flame retardants and intermediates are well started, so the demand for bromine is acceptable. Most bromine manufacturers have the intention to support the price, and the low price is hard to find.

In terms of raw materials: sulfur will rise first and then decrease this month. According to the price monitoring of business news agency, the average price of sulfur production in East China on March 30 was 1456.67 yuan / ton, down 1.35% from yesterday’s price. At present, the domestic price of solid sulfur is 1360-1490 yuan / ton, and the price of liquid sulfur is 1300-1460 yuan / ton. Refineries in various regions adjust their prices according to their own shipment situation, and the solid and liquid sulfur in North China and Shandong are slightly reduced. At present, refineries in various regions in China have low inventory, low purchasing enthusiasm in the downstream market and weak support. They are mainly in a standoff and wait-and-see situation. The demand of phosphate fertilizer industry in the downstream is stable. Coupled with the approaching of spring ploughing fertilizer, they have certain support for sulfur, and the sulfur market will wait-and-see in the later stage .

Analysts from business news agency believe that the downstream flame retardant and intermediate industry of bromine is developing well, and the demand for bromine is good. The overall inventory of bromine is low, and the supply of bromine is tight. The bromine manufacturers have obvious intention to support the price. It is expected that the price of bromine will still rise slightly in the short term, depending on the downstream market demand.