- Bromine prices showed a strong upward global trend in Q1 2026, supported by tightening supply conditions amid the partial closure of Strait of Hormuz which affected the freight rates and supply conditions.
- Feedstock costs remained elevated, with sulfur prices rising across the quarter, increasing production costs and reinforcing upward pressure on bromine prices.
- Downstream demand stayed cautious, with buyers largely following a need-based procurement strategy. Resistance to high prices and limited bulk purchasing restricted trading volumes despite firm supply-side support.
Aisa
In Asia, the bromine market showed strong price gains, particularly in China, where prices were ~RMB 39.23/kg (Spot FD) in January and ~RMB 53.13/kg in March, reflecting a sharp increase of about 35.11%. The rise was driven by tight supply conditions, limited inventory replenishment, and firm producer quotations. During January, supply remained constrained while downstream demand stayed weak, creating a tight supply-demand balance. Post-Spring Festival, production resumed and prices softened briefly due to weak buying interest, but the market rebounded strongly in March. Rising sulfur costs, improving operating rates, and firm supplier sentiment supported the sharp price increase, while geopolitical uncertainty led to cautious selling and restricted spot availability. In India, prices were ~INR 386.52/kg (CIF) in January and ~INR 390.59/kg in March, reflecting a slight decline of about 1.46%. The marginal drop was mainly due to subdued downstream demand and resistance to higher import costs, even as global prices strengthened. Buyers preferred limited procurement, keeping overall price movement relatively stable.
Europe
In Europe, bromine prices followed a firm trend, supported by rising feedstock costs and limited global supply availability. Increased import costs and supply chain uncertainties linked to geopolitical tensions supported pricing, although weak downstream demand capped stronger gains.
North America
In North America, prices remained firm with gradual upward pressure due to higher production costs and constrained availability. Supply tightness and elevated input costs supported the market, while downstream sectors maintained cautious purchasing patterns, limiting demand-driven price acceleration.