Rotterdam, Netherlands: In February xxxx, the prices of Sodium Bromide decreased in the domestic market of the Netherlands due to low production costs and weak demand. Due to weak support from the upstream Bromine market, the prices of Sodium Bromide noted a downturn. The inquiries for Sodium Bromide from the downstream industries in Germany, the major importer of Sodium Bromide, have remained sluggish as the consumer market had adequate material availability, eventually pressuring the demand side.
On the other hand, industrial activities improved slightly in the region, as suggested by the manufacturing PMI data. India imports Sodium Bromide from European nations such as Spain and the Netherlands. In recent times, trade between India and Europe has faced challenges due to the Red Sea crisis, leading freight transporters to avoid the Suez Canal route due to security concerns in the region. Experts note that trade across the...
