Business club news, 31/03
I. Price trends
According to the business society commodity situation analysis system, bromine prices have increased this month. The average market price at the beginning of the month was $41,300 per ton, and the average market price at the end of the month was $69,800 per ton, resulting in an increase of 69. 01 per cent, or 140. 69 per cent over the same period last year. The business society bromine index was 231. 93 on 30 march, up 5. 26 points from yesterday, down 5. 40 per cent from the highest point 245. 18 (2021-10-27), and up 293. 64 per cent from the lowest point 58. 92 on 29 october 2014. (note: refers to 2011-09-01 to the present)
Market analysis
This month's state of affairs: bromine prices are strong and rising. The market price of bromine in shandong has increased, the manufacturer's price is referred to as 60,000-72 000 usd/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 are operating as a whole at the beginning of the month, at a market average of $3910 per ton, at the end of the month at $5943. 33 per ton, increasing by 52 per cent, or 144. 15 per cent over the same period last year. Much downstream purchases are on demand。
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。
