1、 Price trend

According to the data monitoring of the bulk list of business society, bromine prices were weak in July. At the beginning of the month, the average market price was 58400 yuan / ton, and at the end of the month, the average market price was 58000 yuan / ton, with a decrease of 0.68% and a year-on-year increase of 30.34%. On July 27, the bromine commodity index was 203.51, down 0.7 points 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 2011-09-01 to now)

2、 Market analysis

Bromine prices are weak this month. Shandong enterprises currently report about 57500-58000 yuan / ton. The output of bromine enterprises is general, and manufacturers are willing to support prices. The downstream flame retardant and intermediate industries are in a downturn, with general support for bromine and a heavy game atmosphere. The overall procurement pace is weak.

In terms of raw materials, sulfur prices fell in July as a whole. The average market price at the beginning of the month was about 3603.33 yuan / ton, and the average market price at the end of the month was 940 yuan / ton. The price fell 73.91%, down 42.92% from the same period last year. The downstream demand for sulfur is weak, and the enthusiasm for entering the market is general. There is a low-cost source of goods in the market. The downstream purchase is cautious, the shipment situation of enterprises is poor, and the inventory pressure increases. In order to maintain the pace of shipment, some price enterprises quote lower on weekends, the price difference in the floor is obvious, and the market mentality is bearish. It is expected that the short-term sulfur market will continue to operate in a weak manner.

Business analysts believe that bromine prices are weak this month, and the output increase is less than expected. The output of seawater bromine is low, and bromine enterprises mostly support the price. The downstream flame retardant and intermediate industries of bromine are generally supported, and they are resistant to the high price of bromine. Most operators are looking to stabilize the aftermarket, and comprehensively predict that the short-term bromine price will stabilize the mid market and integrate the operation market, depending on the downstream market demand.