Key Highlights:
-
Chinese spot bromine prices ~xx higher than last month; firm start to September.
-
China’s July imports surged xxx month-on-month amid domestic production constraints.
-
ICL maintains steady exports despite port closures and regional conflict.
-
Ashdod–Shanghai rates up xxx YoY, adding to landed costs for Asian buyers.
Across Asia, in early September of xxxx, bromine prices have risen due to restricted supply routes, stable demand, and high freight costs. Chinese spot prices stand at nearly xx higher than last month. This price increase is chiefly due to the constrained domestic production resulting from environmental inspections and some seasonal disruptions. Due to low inventories of bromine in China, dependence on the import of the material from Israel and Jordan has increased despite the shipping costs from the Middle East to Asia, principally as from Ashdod to Shanghai, going up by xxx year-on-year. Despite the regional operating environment, Israel&#xx;s ICL Group has kept...
