Bromine price November 2024 and outlook (see chart below)
- Global:US$2.15/KG, 5.9% up
- North America:US$2.73/KG, unchanged
- Europe:US$2.13/KG, -1.4% down
- Northeast Asia:US$3.05/KG, 6.3% up
- Middle East:US$1.4/KG, 5.3% up
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Bromine price index
This post is a summary of the bromine price developments. The price developments of bromine are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Bromine price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for bromine prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of bromine prices
- Recent price developments of underlying feedstocks which drive the price of bromine
- Market futures for both cost drives and feedstocks of bromine prices
- Adjustment of current supply/demand imbalances in the bromine market
- Longer term trends in likely demand conditions
Further information on the Bromine price index
What is Bromine
Bromine is a chemical element with the symbol Br and atomic number 35. It is a member of the halogen group of elements, which are highly reactive nonmetal elements that occur in the periodic table together with fluorine, chlorine, iodine, and astatine. Bromine is a reddish-brown liquid at room temperature and has a strong, unpleasant smell. It is highly reactive and can be dangerous if handled improperly.
Bromine is found naturally in small amounts in the Earth’s crust, mainly in the form of the mineral bromide. It is also found in seawater and some underground brine deposits. Bromine is not found in its elemental form in nature, but rather it is found as various bromine compounds.
Bromine has a number of industrial uses, including the production of dyes, flame retardants, water purification chemicals, and pharmaceuticals. It is also used as a disinfectant and in the production of gasoline and other fuels.
How is Bromine produced
There are several methods for producing bromine, but the most common method involves the electrolysis of bromide-containing brine. This process involves dissolving bromide ions (such as sodium bromide or potassium bromide) in water to create a brine solution. The brine solution is then electrolyzed in a cell with a diaphragm that separates the anode and cathode.
During electrolysis, the bromide ions in the brine solution are attracted to the cathode, where they are reduced to bromine. At the same time, the water molecules in the brine solution are decomposed at the anode, forming oxygen gas and hydrogen gas. The bromine gas produced at the cathode is then collected and purified for use.
Other methods for producing bromine include the thermal decomposition of bromides, the oxidation of hydrocarbons with bromine, and the treatment of bromides with sulfuric acid. However, the electrolysis of bromide-containing brine is the most widely used method because it is relatively inexpensive and efficient.
What is Bromine used for
Bromine has a number of industrial uses, including:
Dye production
Bromine is used in the production of a variety of dyes, including dyes for textiles, paper, and leather.
Flame retardants
Bromine is used to produce flame retardants, which are chemicals that are added to materials to slow or prevent the spread of fire.
Water purification
Bromine is used as a disinfectant in water purification systems to kill bacteria and other microorganisms.
Pharmaceuticals
Bromine is used in the production of pharmaceuticals, including sedatives and anti-inflammatory drugs.
Gasoline and other fuels
Bromine is used in the production of gasoline and other fuels as a fuel additive to reduce engine knocking and improve the performance of the fuel.
Disinfectant
Bromine is used as a disinfectant in a variety of applications, including swimming pools and hot tubs.
Other uses
Bromine is also used in the production of inks, plastics, and rubber, and as a reagent in chemical syntheses.
What different types of Bromine are there
There are several types of bromine that are commonly used in industry and research:
Elemental bromine
This is the pure form of bromine, a highly reactive reddish-brown liquid with a strong, unpleasant smell. Elemental bromine is highly toxic and must be handled with caution.
Bromine compounds
Bromine can form a variety of compounds with other elements, including inorganic bromides (such as sodium bromide and potassium bromide) and organic bromides (such as bromomethane and bromoethane). These compounds are often used as intermediate products in the synthesis of other chemicals.
Halogenated compounds
Bromine can also be used to produce halogenated compounds, which are compounds that contain one or more halogen atoms (such as fluorine, chlorine, or iodine). Halogenated compounds are used in a wide range of applications, including the production of plastics, refrigerants, solvents, and pharmaceuticals.
Bromine-based flame retardants
Bromine is used to produce flame retardants, which are chemicals that are added to materials to slow or prevent the spread of fire. Bromine-based flame retardants are used in a variety of products, including plastics, textiles, and electronics.
Bromine-based water treatment chemicals
Bromine is used as a disinfectant in water treatment systems to kill bacteria and other microorganisms. Bromine-based water treatment chemicals are used in a variety of applications, including swimming pools, hot tubs, and industrial water treatment systems.
How big is the Bromine market
It is difficult to determine the size of the global bromine market with precision because data on bromine production and consumption is not widely available. However, it is estimated that the global bromine market is valued at billions of dollars, with the flame retardant and water treatment sectors being the largest consumers of bromine.
The demand for bromine is expected to continue to grow in the coming years due to the increasing demand for flame retardants and water treatment chemicals, as well as the growing demand for bromine-based pharmaceuticals and other products. The Asia-Pacific region is expected to be the largest market for bromine, due to the region’s large population and rapid economic growth.
According to https://oec.world/ :
Fluorine, bromine are the world’s 3006th most traded product.
In 2020, the top exporters of Fluorine, bromine were Israel ($194M), Jordan ($75.8M), India ($23.8M), Japan ($19.9M), and United States ($18M).
In 2020, the top importers of Fluorine, bromine were China ($173M), Belgium ($56M), India ($38.3M), Japan ($21.7M), and France ($10.5M).
Further information
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