Bromine price is still up this week (5.24-5.28)

1、 Price trend

Melamine

According to the monitoring data of the business community, the price of bromine is running at a high level. At the beginning of the week, the average market price in Shandong was 42125 yuan / ton, and at the end of the week, the average market price was 43125 yuan / ton, up 2.37% and 44.82% compared with the same period last year. On May 27, the bromine commodity index was 149.56, up 0.88 points from yesterday, a record high in the cycle, up 153.84% from 58.92 points on October 29, 2014( Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

At present, the domestic bromine level is high and firm, and the current mainstream price of enterprises is about 43000-45000 yuan / ton, and the bromine price is relatively strong as a whole. The bromine market in Shandong Province is in short supply. The bromine enterprises have not started operation for a long time. The bromine production growth is relatively slow. The overall market supply is tight. The downstream flame retardants and intermediates procurement are acceptable, which supports the bromine price. Most bromine manufacturers have the intention to support the price, and the low price is hard to find.

Raw materials: the domestic sulfur market runs smoothly, and refineries in various regions offer stable prices according to their own shipment situation. Domestic individual refinery maintenance, regional refinery inventory is low, downstream traders enter the market to purchase on demand, external price is strong. The performance of downstream phosphate fertilizer is stable, there is no intention of low price shipment in the spot market, and the trend is good, which has a good support for the sulfur market. It is expected that the sulfur market will run smoothly in the future, and attention will be paid to the follow-up situation of downstream.

Analysts from business news agency believe that the overall supply of bromine is insufficient. Now the bromine downstream flame retardant and intermediate industries just need support. Bromine enterprises are relatively smooth in shipment, the focus of transaction is moving up, and the low price is hard to find. It is expected that the bromine price will be high and firm in the short term, depending on the downstream market demand.

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