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Indian sodium bromide prices strengthened through July **** as tighter prompt availability, higher replacement costs and logistics-related risk premiums outweighed cautious buying from several monsoon-sensitive downstream industries. The CFR JNPT Mumbai monthly average increased to INR ***,***/tonne from INR ***,***/tonne in June, representing a *.*** month-on-month increase. In dollar terms, the sodium bromide assessment reached USD *,***.**/MT from USD *,***.**/MT, reflecting a *.*** gain. Sellers retained negotiating leverage as buyers concentrated sodium bromide purchases on immediate requirements rather than building large inventories.
Demand remained uneven across applications. Oilfield-service companies continued procuring sodium bromide for high-density drilling and completion fluids, providing a relatively stable demand base despite cautious activity elsewhere. Pharmaceutical and specialty-chemical manufacturers also maintained purchases of higher-purity sodium bromide grades for intermediates and specialty formulations. Conversely, agrochemical demand became more selective during the southwest monsoon, while industrial-cleaning applications lacked sufficient momentum to generate...
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