Bromine prices hit a record high: supply shortage, listed companies have no inventory, only supply long-term contract customers.

It is reported that since the beginning of this year, domestic supply shortages combined with sluggish overseas supply have led to an upward trend in bromine prices. In March, the bromine price curve has become extremely steep, with the latest transaction price rising to 78,000 yuan/ton, a monthly increase of up to 90%. From bromine to bromine-based flame retardants, almost all companies in the industry are in a zero inventory state, making it difficult to meet the rigid downstream demand. "The company currently has no inventory, does not quote prices to the outside, bromine production capacity is limited, and can only supply to long-term contract customers," said a salesperson from Binhua Chemical. The quoted price of bromine-based flame retardants from some companies has risen from 60,000 yuan/ton at the beginning of the year to 135,000 yuan/ton currently, with limited production capacity only able to supply core customers.