1、 Price trend

According to the data monitoring of the bulk list of business society, the price of bromine rose first and then fell in February. At the beginning of the month, the average market price was 58666.6 yuan / ton. At the end of the month, the average market price was 57333.33 yuan / ton, down 2.27% and up 67.26% year-on-year. On February 27, the bromine commodity index was 203.51, unchanged from yesterday, down 17.00% from the highest point 245.18 in the cycle (2021-10-27), and up 245.40% from the lowest point 58.92 on October 29, 2014. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

At the beginning of the month, the domestic bromine price was slightly adjusted and operated. At present, the mainstream price of Shandong enterprises is about 55000-59000 yuan / ton. The bromine price is stable and small. At the beginning of the week, bromine enterprises have a small amount of spot goods, and the quotation is relatively firm. However, the downstream flame retardant and pharmaceutical intermediate industries started slowly after the Spring Festival, and the shipment of enterprises is general. In fact, supply and demand are weak and the market is deadlocked.

In the second half of this month, the domestic bromine price was weak, the bromine price was stable and small, the bromine enterprises started at a low level, and the inventory was small. The downstream flame retardants and pharmaceutical intermediates industry started slowly after the Spring Festival, mostly purchased on demand, and the shipment of enterprises is general. In fact, supply and demand are weak and the market is deadlocked.

In terms of raw materials, the price of sulfur rose this month. The average market price at the beginning of the month was about 2150 yuan / ton, and the average market price at the end of the month was 2253.33 yuan / ton, with a price increase of 4.81%, up 75.13% from the same period last year. Domestic refineries have no inventory pressure for the time being, the downstream sulfuric acid market is rising, the demand for liquid sulfur is increasing, the superposition of port supply into the market is less, the port liquid sulfur price is supported, and the liquid sulfur price of regional refineries is rising sharply; In terms of downstream phosphate fertilizer, the demand for sulfur is acceptable, the refinery shipment is smooth, and the price of sulfur fixation increases slightly.

Business analysts believe that the bromine price consolidation operation, bromine downstream flame retardants and intermediates industry mostly purchase on demand, but the actual transaction is general. It is comprehensively estimated that the short-term bromine price consolidation operation is mainly based on the downstream market demand.