Bromine prices have risen this week (7.6-7.10)

1、 Price trend

Sodium Molybdate

Bromine prices have risen this week. The average market price at the beginning of the week was 27200 yuan/ton, and the average market price over the weekend was 29000 yuan/ton, with a price increase of 6.62%, which is 14.62% higher than the same period last year. On July 9th, the Business Society Bromine Index was 98.60, an increase of 0.35 points from yesterday, a decrease of 59.97% from the highest point of 246.32 points during the cycle (2026-04-07), and an increase of 67.35% 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
Bromine prices have been rising this week. The bromine market in Shandong region is rising and operating, with manufacturer prices referencing 28000-29500 yuan/ton. Actual transactions are weak, and there is a strong wait-and-see sentiment. The bromine industry has started production due to rainfall, resulting in a decrease in operating load and supply. In terms of demand, however, downstream industries have average demand and continue to make essential purchases.
In terms of raw materials, the overall price of domestic sulfur has been declining this week. The average market price at the beginning of the week was 8935.67 yuan/ton, and the average market price over the weekend was 8885.67 yuan/ton, a decrease of 0.56% and an increase of 285.61% compared to the same period last year. Downstream demand is still acceptable.
Prediction: The price of bromine is expected to rise in the near future. Although the upstream sulfur price has been weak recently, the supply of bromine has been affected by rainfall, and downstream purchases are mostly made on demand. Downstream is in the off-season of the industry, and the overall trading atmosphere is quiet. The comprehensive supply-demand game predicts that bromine prices will consolidate in the later stage, depending on downstream market demand.

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