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    Home > Chemicals Industry > China Chemical > Bromine market has weakened

    Bromine market has weakened

    • Last Update: 2021-08-06
    • Source: Internet
    • Author: User
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    Recently, the domestic bromine market has weakened
    .


    At present, the mainstream domestic bromine quotation is 44,900 yuan/ton, down 0.


    Around mid-June, Laizhou stocks intensively flowed into the market, imported bromine arrived in Hong Kong, while downstream demand gradually weakened, bromine spot supply was slightly loose; at the end of June, the "July 1st" centennial celebration approached, the industry was worried about the market outlook Shipment
    .

    In terms of supply, during the "July 1st" period, bromine companies in Changyi, Shouguang, Yangkou and Tangshan will park their vehicles for about 3 days, with some 7-9 days.
    Bromine companies in Laizhou may stop production until the end of July
    .


    In addition, some companies that have not stopped production have reduced their load during this period; some bromine companies in Dalian and Tangshan have not recovered after shutting down due to the impact of precipitation at the end of last month, and the supply of bromine has fallen steadily compared with the previous period


    In terms of demand, the northern intermediates and flame retardant plants had a lot of parking in the early stage, ranging from 3 to 9 days for short periods and 15 to 25 days for long periods
    .


    At present, although the main flame retardant plant in Shandong has recovered, the terminal market demand is not performing well.


    To sum up, although the supply of bromine is weak, the downstream demand support is not enough, and most of the main downstream users have imported bromine supplements.
    With the recent arrival of some imported bromine to Hong Kong, the bromine market is difficult to change
    .


    However, from a long-term perspective, the supply and demand of bromine will be in a tight state, and the room for price fall is limited




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