April 23 News – On April 23, the bromine market in Shandong region showed a weaker trend. Manufacturer prices were referenced at 35,000–42,000 RMB/ton, with significant price declines. Market supply increased, transaction sentiment was subdued, and a pervasive wait-and-see attitude prevailed. According to Chempricehub’s assessment of bromine, with a bullish-bearish rating of -2, the article indicated that bromine prices had dropped substantially to 35,000–42,000 RMB/ton. Increased supply led to an oversupply situation in the market, characterized by sluggish trading activity and strong cautious sentiment. This suggests that the spot market is facing severe oversupply and weak demand, placing significant downward pressure on prices. The rating of -2 (major bearish) reflects the combined impact of substantial price declines, rising supply, and thin trading, all of which amplify downside risks. It is expected that spot prices may continue to decline in the near term.