April 27 News: On April 27, the bromine market in Shandong region operated with a consolidating trend. Manufacturer prices were referenced at RMB 36,000–42,000/ton. Downstream buyers are awaiting price stabilization and making purchases only on a demand-driven basis. Market supply has increased, resulting in a sluggish trading atmosphere and a prevailing sentiment of waiting and watching. According to Chempricehub’s analysis of bromine, the bullish-bearish score stood at -1.5. The report indicated that bromine supply in Shandong has increased, while downstream sectors only procure as needed. The trading atmosphere remains subdued, with widespread hesitation. The increase in supply has led to an oversupply situation, and weak demand has further exacerbated the market imbalance. Spot prices are expected to face downward pressure and may potentially fall below the current reference range of RMB 36,000–42,000/ton in the short term. A score of -1.5 reflects a strong bearish signal, as both oversupply and insufficient demand jointly exert downward pressure on prices.
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