September 2012** Market Analysis

According to statistics, domestic market conditions in September 2012 fluctuate little. The average factory price of domestic enterprises at the beginning of the month was around 18,250 yuan/ton, and the average factory price of domestic enterprises at the end of the month was around 18,312 yuan/ton, a slight increase of 0.34%. The current price has dropped by 29.30% year-on-year last year.

Analysis of influencing factors: 1. Supply side: The start-up of the business of this month has basically remained normal, and the inventory has remained at a low level. Due to the weather-affected bromine-absorbing enterprises in the sea, the market supply was limited; Second, the cost, the upstream related products** The market's center of gravity continues to move downwards, which has a negative impact on ** costs; another related product ** began to rebound in a narrow range in late September, which has a good support for ** costs; Third, demand, ** downstream market performance Relatively more active than the previous period, the market inquiry increased, the operating rate of downstream enterprises continued to increase, and market demand gradually increased.

Market outlook: Pre-holiday companies have maintained stable prices. Zhou Hao, an analyst in the bromine industry at the branch of the business club, believes that with the increase of downstream demand, the market is expected to rise after the holiday.