Jan to Mar 2023, The price has decreased from 44000 RMB/ton to 27000 RMB/ton. Overall bromine price continued to be weak. In Shandong Province, the price of bromine was down under pressure, and the downstream flame retardant and intermediate industries had not seen significant increases. Demand was clearly bleak, and shipments from bromine companies were still sluggish. The production of bromine was sufficient, and the industry was pessimistic. The manufacturers of bromine and downstream flame retardants intended to stabilize their prices, and the price was gradually stabilizing.
April to June 2023, the price has decreased from 27000 RMB/ton to 17000 RMB/ton. the demand of downstream flame retardants and intermediates in the bromine industry was slow to follow up. The supply of bromine was sufficient, the supply and demand gamed, and there was no positive support. Overall, it is expected that the bromine price will be weak and consolidated in the short term, depending on the downstream market demand.
The regional and seasonal restrictions on bromine production will be weakened, and correspondingly, the stability and continuity of supply will be enhanced; Similarly, downstream derivative industries such as downstream flame retardants and intermediates are also growing, and the demand for bromine is growing, and the future bromine market is in a new period of supply and demand balance adjustment, with opportunities and challenges
Oceanchem Group Limited (OCG) | OCG is sign of Oceanchem Group Limited
Flame retardant / polymer additives leading manufacturer in China.
With 30 years production experience of manufacture flame retardant and polymer additives with trade mark / brand GSAL/ Gsal. All flame retardant used widely and with good performance for: Polyamide(PA); polyester(PBT,PET); Polyolefin(PP,PE); Polystyrene (EPS/XPS- expanded or extruded polystyrene for insulation materials for construction); Polyurethane(PU); etc. also for industry: Plastics, Rubber , textile, construction , transportation, electronics and electrics devices , home appliances , paints and coatings, adhesives etc. many kind of flame retardant equivalent saytex8010/7010/3010/5010; FR720/PE-68/HP-800; SR130/ Emerald3000/FR122P; BT93W; PHT4; PHT4 diol/RB49/ RB79; BC52/BC58; BDP/CDP/TCPP/TPP/PX220/PX200 etc. comply with ISO/ESG/OHSAS/SGS etc SQM/ thirty party standard system.
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