Business news, 23/03
I. Price trends
According to the business society commodity situation analysis system, prices of bromine have increased in the country. On 23 march, the average market price was $56,000 per ton, compared with the average market price of $42,300 per ton at the beginning of the month. The price rose by 35. 59 per cent, or 133. 33 per cent over the same period last year. On 22 march, the business society bromine index stood at 178. 95, a decrease of 27. 01 per cent from the highest point 245. 18 (2021-10-27) and 203. 72 per cent from the lowest point 58. 92 on 29 october 2014. (note: refers to 2011-09-01 to the present)
Market analysis
Lines: the prices of bromine in shandong are very strong. The market price for bromine in shandong has increased, the manufacturer's price reference is $50,000-60000/t, and the manufacturer's offer has been strong and the atmosphere has increased. The start-up rate for the industry has been steadily increasing and the stock of spot stock has been slowly replenished. But the situation is tense abroad and the producers are willing to sell their minds. On the demand side: downstream firms are generally motivated to buy, and there is resistance to rising bromines, which are more likely to require purchases。
In terms of raw materials, domestic sulphur prices were generally robust this week, with the average market price at the beginning of the month being $3910 per ton, and the average market price on 23 march being $4966. 67 per ton, which increased by 27. 02 per cent, an increase of 104. 03 per cent over the same period last year. Downstream, much more than just had to be procured。
The prices of bromine are projected to be robust in the near future, the prices of upstream sulphur have been robust in the near future and the supply of bromine has slowly recovered in the near future, but much of the downstream purchases are on demand, there is resistance to increased prices of bromine, and the combined supply and demand game is expected to remain robust in the later stages, depending on the overseas situation and downstream market demand。
"big commodity formula pricing principles"
The base prices of business associations are based on high-price data and the trade guide prices derived from the business society price model, also known as the company prices. The transaction settlement price, which can be used to determine two types of requirements:
1. Settlement price at a specified date2 and average settlement price for a specified period
Pricing formula: settlement price = base value of the business association x k+c k: adjustment factor, including factors such as term cost。
C: water promotion, including logistics costs, brand differentials, regional differentials, etc。
