Shandong ** market ushered in seasonal rise

It is understood that due to seasonal influence, the ** market ushered in a wave of seasonal growth.

According to information from the business club, since November 3, Shandong Weifang ** has actually traded at 20,000 yuan per ton, which is nearly 10% higher than the value of 18,300 yuan on October 1. The reporters yesterday interviewed Lubei Chemical, Shandong Haihua and Binhua Chemical, respectively, three listed companies involved in the ** business. These companies confirmed the fact of the price increase and stated that the price increase was mainly influenced by seasonal factors. As this business accounts for a small proportion of the above-mentioned company's main business, it has a limited impact on overall performance.

Regarding the rise in price of **, the insider of Binhua said that due to the cool weather, the supply of seawater ** decreased, and the unit output rate of brine ** also decreased, resulting in low output. Every year from November to February of the following year, the output of ** is the smallest. At this time, the market demand is large, which makes the price of the product rise.

Lubei Chemical, while confirming the price increase of its products, also stated: "The price of ** will exceed 20,000 yuan, and there may be follow-up increases. However, the company's current inventory is already small."

According to reports, the secretariat of the Shandong Changwei Bromo Industry Association disclosed that the limited production plan for the bromine production enterprises in the winter has been finalized this year, from December 1 to December 20 and from January 25 to February 28 next year. Discontinued, a total of 45 days of production ceased. With the implementation of the later winter energy-saving production restriction plan, the market will also usher in a new round of rising.

Regarding the suspension of production, the three companies have different opinions. Lubei Chemical said that the ** production companies will enter the stoppage period for maintenance and repair every year in the fourth quarter, and Lubei Chemical will stop production for a period of time. Shandong Haihua and Binhua Chemical Co., Ltd. all said that they have no plans to stop production in the near future.

It should be noted that while ** price increases will have a beneficial effect on the company's performance, but in the above three companies' main business structure, ** revenue accounted for relatively small, so the impact on the company is limited.

Shandong Haihua Securities Office staff said: "The company's ** product is only a small part, the output is less than 10,000 tons, and the original ** price is higher, so the recent rise has not had a significant impact on performance." People also said: "Although the price of ** has reached 20,000 yuan / ton, but because ** is only a subsidiary of Binhai shares of a business, accounting for the proportion of the company's overall business is relatively small, it has limited impact on the company's overall performance."

According to the 2011 annual report of the three companies, Lubei Chemical's ** products achieved revenue of 35.21 million yuan, accounting for 4.35% of the main business income, an increase of 72.84%; Shandong Haihua 139 million yuan of bromine product revenue, accounting for the company's main 1.85% of business income; Binhuai ** product revenue of 17 million yuan, accounting for only 0.37% of its main business income.