1、 Price trend
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This week, the price of bromine has been rising and running in the market. The average market price at the beginning of the week was 40800 yuan/ton, and the average market price over the weekend was 42200 yuan/ton, with a price increase of 3.43% and a year-on-year increase of 43.05%. On October 22, the bromine index was 148.07, up 0.7 points from yesterday, down 39.89% from the highest point of 246.32 points during the cycle (2026-04-07), and up 151.31% from the lowest point of 58.92 points on October 29, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)
2、 Market analysis
This week, the price of bromine has been rising and running in the market. The recent price of bromine in Shandong region is around 42000-42500 yuan/ton, and the current price range for bromine shipments is around 42000-42500 yuan/ton. Manufacturers’ inventories are generally low, and there is a clear upward trend in prices. The terminal maintains the strategy of purchasing for essential needs, and the holding merchants have a strong reluctance to sell. The quotation is adjusted upwards according to market transactions. In terms of demand, the downstream flame retardant field still relies mainly on rigid procurement, with insufficient ability to undertake current high priced sources and limited overall enthusiasm for purchasing.
In terms of raw materials, domestic sulfur prices have fallen overall this week, with an average market price of 6076.75 yuan/ton at the beginning of the week and 5714.25 yuan/ton over the weekend, a decrease of 5.97%, a decrease of 2.45% compared to the same period last year, and an increase of 89.36% compared to the same period last year. Downstream demand is still acceptable.
Prediction: Bromine prices are expected to remain strong in the near future, while upstream sulfur prices are expected to remain weak. Bromine supply is expected to have low inventory levels in the near future, and downstream demand is expected to purchase on demand. The overall trading atmosphere is bleak, and the overall supply-demand game is expected to be dominated by high fluctuations in bromine prices in the later stage, depending on downstream market demand.
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