1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine price continued to rise in September. As of September 29, the average price of bromine in Shandong was about 30333 yuan / ton, up 4.6% compared with the beginning of the month, and 1.15% lower than the same period last year.

2、 Cause analysis

Products: affected by the weather and policies, the bromine output in September was lower than expected, and the downstream flame retardant market production entered the peak season. The overall supply of the industry was in short supply. In addition, Shandong began to levy resource tax, and the price of bromine continued to rise. Near the end of the month, downstream users and traders basically completed the preparation before the festival, and they also had some resistance to the high price of bromine The market gradually stabilized. At present, mainstream bromine enterprises offer 30000-31000 yuan / ton.

Industrial chain: in the upstream, the sulfur market was strong and upward in the month, refineries in various regions maintained low inventory operation, sulfur quotation was temporarily stable, and the market price was firm. At present, domestic demand and export of phosphate fertilizer in the downstream were stable. Traders and factories made more replenishment on demand, and the purchasing enthusiasm was not high. The sulfur market in the future was concerned about the follow-up of the downstream, which was about 843 yuan / ton. The sulfuric acid market was affected by the rise of raw materials The impact is that the fluctuation is higher in the month, and the downstream demand for sulfuric acid is positive, and the double advantages support the upward trend of sulfuric acid price, which is about 395 yuan / ton at present; the domestic liquid alkali price is stable and weak, and the overall downstream performance is general, most manufacturers still purchase on demand, and it happens to be Shuangjie manufacturers who are mainly stable in shipping, and some manufacturers’ prices remain unchanged, showing a wait-and-see state. The market of main downstream flame retardants of bromine gradually recovered, and the price support of bromine on the demand side was fair; the industry of pharmaceutical and pesticide intermediates started in general, and the support of demand side for bromine price was flat.

3、 Future forecast

Analysts of the bromine industry of the business society believe that at present, bromine enterprises generally have low inventory and obvious intention to raise prices when the inventory is not under pressure, but the downstream market has completed the preparation before the festival, and the market trading atmosphere is declining, and it is expected to maintain stable operation in a short period of time.