Bromine prices hit a new high: supply shortage, listed companies have no inventory and only supply long-term contract clients

Ask AI · How downstream companies should respond to the production pressure caused by zero inventory?

【Bromine prices hit new highs: supply shortages, listed companies have no inventory and only supply long-term contracts】Caixin News, April 2nd. A reporter from Caixin News interviewed multiple companies in the industry chain and learned that since the beginning of this year, domestic supply shortages combined with overseas supply disruptions have caused bromine prices to enter an upward trend. By March, the bromine price curve became extremely steep, with the latest transaction price reaching 78k yuan per ton, a monthly increase of up to 90%. From bromine to bromine-based flame retardants, almost all industry companies are in a zero inventory state, making it difficult to meet downstream rigid demand. “The company currently has no inventory, does not quote externally, and bromine production capacity is limited, so we can only supply long-term contract customers,” said a sales representative from Binzhou Chemical. The product price of bromine-based flame retardant companies has risen from 60k yuan per ton at the beginning of the year to 135k yuan per ton now, with limited output that can only supply core customers. (Caixin News reporter Xiao Lianghua)