April 28 News – On April 28, Weifang Suton Chemical Co., Ltd. lowered its bromine quotation to 38,500 RMB/ton. Market supply has increased, and a weak trend is expected in the later period. Chempricehub's assessment of bromine: bearish-bullish score: -2. The quotation reduction to 38,500 RMB/ton directly indicates a decline in spot prices. The increase in market supply reflects growing availability, while demand may be insufficient, exacerbating the supply-demand imbalance and intensifying downward price pressure. The expectation of a continued weak trend further reinforces the pessimistic outlook, thus exerting a significant bearish impact on spot prices, with a score of -2.
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