1、 Price data:
| PVA 1799 (PVA BF17) |
According to the data monitoring of the bulk list of business associations, the price of bromine in Shandong was strong and upward in August. As of August 27, the average price of bromine in Shandong was about 28588 yuan / ton, up 5.45% from the beginning of the month, and 5.38% lower than the same period last year.
2、 Cause analysis
Products: affected by the continuous rainy weather, the domestic bromine spot supply has dropped sharply, among which some enterprises in North China have stopped temporarily and the supply has been improved slowly. The production situation of enterprises in Shandong is unstable. The enterprises start and stop from time to time, and the supply is tight. The demand of downstream market is still flat. However, bromine enterprises are not in a hurry to ship. In addition, some enterprises replenish their inventory, so the enterprises have a good intention of supporting price 。 At present, the mainstream bromine enterprises offer about 28000-29000 yuan / ton.
| PVA 1788 (PVA BP17) |
Industrial chain: in the upstream, domestic refineries have low sulfur inventory and tight liquid sulfur supply. Under the performance of supply and demand, it supports the market, which is about 793 yuan / ton; the sulfuric acid market is fluctuating and declining, and the domestic acid market is obviously regionalized, with high and low prices coexisting, and the sulfuric acid market is mainly reorganized and operated under excessive supply, which is about 385 yuan / ton at present; the domestic caustic soda market is weak and the market atmosphere is good It is expected that the price of caustic soda will be weak and stable in the short term, with about 475 yuan / ton at present. The main downstream flame retardant market purchase of bromine is still mainly based on rigid demand, and the market start-up is flat, and the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side does not support the price of bromine.
3、 Future forecast
According to the bromine industry analysts of the business society, the overall supply of bromine in the domestic market is still tense, the shipment situation of enterprises is still fair, the downstream market is still just in need of purchasing, the bromine price is generally supported, the supply and demand are basically in a balanced state, and the bromine price is expected to be stable and firm in a short time.
| PVA |