Latest Bromine Price Chart, Forecast & Historical Data

North America Bromine Prices Movement Q2:

Bromine Prices in the United States:

In Q2 2024, U.S. bromine prices experienced a significant increase, reaching 2,333 USD/MT in June, largely driven by higher bromine demand in the flame-retardant sector. As demand surged, imports of bromine decreased due to geopolitical concerns, further tightening supply. Additionally, rising transportation and freight costs put a strain on the supply chain, compounding the upward price pressure. According to the Global Bromine Price Chart, these factors combined to create a bullish market environment, with bromine prices remaining relatively constant compared to the previous quarter. This trend highlights the crucial role of bromine demand in shaping price movements in the U.S. market.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Bromine Prices Movement Q2:

Bromine Prices in China:

In Q2 2024, bromine prices in China rose sharply, reaching 2,767 USD/MT by the end of June, due to supply restrictions and heightened industrial demand. The market experienced substantial volatility, with a significant gain from the previous year but a decline from the prior quarter, reflecting the fluctuating nature of the market. According to the Bromine Price History Chart, bromine supply constraints played a major role in driving prices up, as limited availability combined with robust industrial consumption created pressure on the market. This volatility highlights the balancing act between supply challenges and growing demand, resulting in a dynamic pricing environment throughout the quarter.

Regional Analysis:  The price analysis can be extended to provide detailed boron price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

MEA Bromine Prices Movement Q2:

Bromine Prices in UAE:

In Q2 2024, bromine prices in the UAE saw a significant rise, reaching 2,471 USD/MT by the end of June, driven by strong demand from local industries, particularly the construction sector. The increase in industrial activity and infrastructure development led to higher consumption of bromine, contributing to the price surge. Additionally, supply chain disruptions and a hike in freight costs added further upward pressure on prices. Despite seasonal variations and ongoing challenges in regional market dynamics, the combination of increased demand and logistical issues created a bullish market for bromine in the UAE during the second quarter.

Regional Analysis:  The price analysis can be extended to provide detailed base oil price information for the following list of countries.

Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Factors Affecting Bromine Demand and Prices?

Bromine demand and prices are primarily influenced by industrial applications, especially in flame retardants, agricultural chemicals, and water treatment. Fluctuations in demand from key sectors such as electronics, automotive, and construction can drive price changes. Supply disruptions, such as mining limitations or geopolitical factors, also impact availability and pricing. Additionally, transportation and freight costs, currency exchange rates, and environmental regulations play crucial roles in shaping market conditions. The interplay between these factors results in a dynamic pricing environment, making bromine prices sensitive to both industrial needs and external economic influences.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors Influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Bromine Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Bromine price trend, offering key insights into global Bromine market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Bromine's demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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