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The key highlights of the Asian Bromine market were limited availability and demand which exceeded the Q3 levels. Bromine prices are set were stabilized during the quarter due to levelling up of crude oil prices. Sellers were heard stockpiling inventory levels amidst anticipations of hike in price in the upcoming quarter.
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Bromine Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview Quarterly Update on Bromine Market For the Quarter Ending December 2020 Asia The key highlights of the Asian Bromine market were limited availability and demand which exceeded the Q3 levels. Bromine prices are set were stabilized during the quarter due to levelling up of crude oil prices. Sellers were heard stockpiling inventory levels amidst anticipations of hike in price in the upcoming quarter. The supply side is estimated to be on tighter side for higher demand from the downstream industries intermediates, and pharmaceutical industries. Major producers in Asia were revamping production to stabilize the demand. One of the major plants in Japan proposed to expand its capacity to cater to long-term demand growth of region and support the domestic supply. such as dyes, chemical FOLLOW US:
Bromine Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Europe The largest application of Bromine in the region was from flame retardants. Traders and sellers in the region were heard selling the product at a reduced price to spot buyers, to recover the pandemic-induced losses in Q2. Contract buyers offered reduced rates for the year-end offers. With environment regulation in Europe impending a permanent ban on the use of flame retardants in electronic items by March 2021, the market is likely to lose its segmental share by a significant percentage by the end of Q1 2021. Industrial grade Bromine prices are likely to fall by a huge amount in Q1 2021, compared to this quarter. Get more info: https://www.chemanalyst.com/Pricing-data/bromine-1125 North America Bromine demand in North America remained well support in the last quarter of 2020. Demand outlook seemed resilient for the larger part of Q4 as offtakes improved in tandem with pull in demand from the chemical industries. Regional traders were heard actively restocking for the early 2021 with rising optimism post the roll-out of coronavirus vaccines. The market is assessed to be showing an uptrend in price compared to the last quarter with the positive sentiments in the Bromine-derivatives market. FOLLOW US:
Bromine Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Bromine manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Bromine market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Bromine market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Bromine are analyzed and region-wise demand pattern is tracked. FOLLOW US:
Bromine Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Bromine is a fuming liquid with dark-reddish brown color and pungent odor. The product is widely demanded for the production of agriculture chemicals, dyestuffs, pharmaceuticals, and chemical intermediates. The compounds of Bromine can also be used as flame retardants. Its compound Organobromides is used in halon fire extinguishers. Silver bromide is chemical used in film photography. Bromine is produced commercially by heating sodium bromide containing brines and then oxidized to elemental form with chlorine. Crude bromine is then obtained from compound with either steam or air. The product is soluble in organic solvent and is less active chemical than chlorine and fluorine but is more active than iodine. The compounds of Bromine are similar to those of halogens. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. FOLLOW US:
Bromine Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst is a leading provider of chemical commodity prices in more than 12 countries since from last 4 Years. The company has emerged as a preferred pricing supplier amongst Procurement Managers and Strategy Professionals globally who wants to track near real time prices of chemicals on its interactive dashboard. Unlike most of its competitors such as ICIS, IHS & S&P Platts the company doesn’t believe in delivering prices in PDF reports. The company has developed proprietary algorithm based online subscription platform in which users can track years of historical prices of more than 250 chemical commodities. In addition, since it’s all online, the users cannot just compare prices across multiple countries but also with other commodities and play with the data by generating multiple graphs to find out amazing insights. The users get access to grade wise CIF, CFR & Ex Works prices at multiple ports in each country. ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long- term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries. ChemAnalyst is a one stop solution for all the data related needs. We at ChemAnalyst are committed to assist customers worldwide with their data and insights needs using our comprehensive online platform. CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India 201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
