According to the survey data of business society, the bromine price will be high in 2021. Besides the first quarter, the annual price was higher than the ten-year level. In 2021, the price of bromine climbed all the way and fell in the fourth quarter.
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It can be seen from the monthly K-bar chart of bromine that the whole 2021 is rising except for the decline in July 8, November and December, and the highest increase in October is 43.01%.
According to the data monitoring of the bulk list of business society, the average market price of bromine at the beginning of 2021 was about 33333.33 yuan / ton, and the average market price at the end of 2021 was about 53142.86 yuan / ton, with a price increase of 59.43%.
According to the survey data of business society, bromine rose by 59.43%, soda ash in the upstream of bromine rose by 101.49%, sulfuric acid price rose by 49.13% and sulfur price rose by 100%.
Bromine prices rose slightly in the first quarter. On January 1, the average market price was about 33333.33 yuan / ton, and on March 31, the average market price was 35055.56 yuan / ton, with a price increase of 5.17%. Affected by the tight spot supply, the domestic bromine market was strong in January, and many manufacturers had stopped. Except for a few enterprises that can provide spot goods, most enterprises ship goods in inventory, and the market inventory is low. However, the downstream flame retardant market has entered the off-season, the demand for bromine has declined, and the market supply and demand game is obvious. Bromine prices in March were generally strong. The supply of bromine market in Shandong is relatively tight, the downstream flame retardants and intermediates are well started, and the demand for bromine is acceptable. Many bromine manufacturers have the intention to support the price, and it is difficult to find a low price.
Bromine prices rose all the way in the second quarter. On April 1, the average market price of bromine was about 35500 yuan / ton, and on June 30, the average market price of bromine was about 46062.5 yuan / ton, with a price increase of 29.75%. Bromine prices are generally strong. The supply of bromine market in Shandong is relatively tight, bromine enterprises have been under construction for a long time, the growth of bromine output is relatively slow, the overall supply of market is relatively tight, and the procurement of downstream flame retardants and intermediates is OK, which supports the price of bromine. Many bromine manufacturers have the intention to support the price, and it is difficult to find a low price.
In the third quarter, the bromine price was adjusted and operated, showing a “V” trend. On July 1, the average market price of bromine was about 46062.5 yuan / ton, and on September 30, the average market price of bromine was about 48250 yuan / ton, with a price increase of 4.75%. From the beginning of July to the middle and late August, the price of bromine fell. At present, the domestic bromine fell and the trading atmosphere was poor. At present, the mainstream price of enterprises is about 43000-45000 yuan / ton, and the price of bromine is weaker than that of the previous period. It is mainly due to the low load of downstream flame retardants and intermediates, and the reduction of bromine procurement. There is resistance to the long-term rise of bromine. Due to the high temperature in summer, the maintenance enterprises in the south are also increasing, and the bromine is mainly purchased on demand. Bromine prices rose from mid to late August to early September, mainly due to the decline in the output of bromine enterprises in Shandong and the shutdown of manufacturers in Changyi. The downstream flame retardant and intermediate industries of bromine were started. Although they were stopped recently, the demand for bromine was ok, the demand for bromine was ok, and the bromine price increased.
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In the fourth quarter, bromine prices rose and then fell. On October 1, the average market price of bromine was about 48250 yuan / ton, and on December 31, the average market price of bromine was about 53142.86 yuan / ton, with a price increase of 10.14%. At the beginning of October, the price of bromine rose. Affected by the “double control” policy, the supply tension was difficult to solve. However, the start-up of bromine downstream flame retardant and intermediate industry still supports bromine. Then it entered a game stage between the two sides. After entering December, the bromine price went down, mainly due to the weak operation of bromine price, and the actual transaction was general. At present, the price of bromine in China is lower. At present, the downstream flame retardant and intermediate industries of bromine are under construction, the load has been reduced recently, and there was sufficient stock before, which is in conflict with the high price of bromine, and multidimensional rigid demand is the main demand. Supply and demand continue to play a game.
Business analysts believe that due to the impact of the general environment and the dual control policy, bromine prices rose in 2021 and were at a high level in a decade. After the economy is stable in 2022, the bromine price in 2022 may not be high in 2021. In the first quarter, as in previous years, due to the low temperature, insufficient bromine extraction from seawater, low inventory of bromine enterprises and limited production in winter, there was a shortage of supply. After the year, the bromine price may be at a relatively high level, and the price may tend to be stable in the third and fourth quarters, depending on the demand of the downstream market.
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