1、 Price trend

According to the monitoring of the bulk ranking data from Shengyi Society, the overall price of bromine remained stable in November. At the beginning of the month, the average market price of bromine was 22200 yuan/ton, and at the end of the month, the average market price of bromine was 22400 yuan/ton, with a price increase of 0.9% and a year-on-year decrease of 11.46%. On November 28th, the bromine commodity index was 78.60, unchanged from yesterday, a decrease of 67.94% from the highest point of 245.18 points (2021-10-27) during the cycle, and an increase of 33.40% from the lowest point of 58.92 points on October 29th, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)

2、 Market analysis

The overall price of bromine has been consolidating this month. The mainstream market price in Shandong is currently around 22000-23000 yuan/ton. The device is running smoothly, the supply is normal, and the market trading atmosphere is calm. In terms of demand, the main downstream flame retardant procurement is highly active, but the overall supply-demand game price is running steadily.

Regarding sulfur: The overall price of sulfur rose in November. At the beginning of the month, the average market price was 1547.67 yuan/ton, and at the end of the month, the average market price was 1654.33 yuan/ton, with a price increase of 6.89% and a year-on-year increase of 55.09%. The transaction atmosphere in the sulfur market is still acceptable, and the demand for this month is also acceptable.

Business analysts believe that the price of bromine has been consolidating recently. At present, the supply of bromine is normal, and the demand for downstream flame retardants remains stable. The comprehensive supply-demand game predicts that the short-term price of bromine may stabilize, depending on the downstream market demand.