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In the Asian market, prices of Hydrobromic Acid fluctuated effectively with lower availability and demand from downstream industries. During this quarter, in the Indian market prices of feedstock Bromine generally surge due to low availability of Brine solution.
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Hydrobromic Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview For the Quarter Ending March 2021 North America During Q1 2021, demand for Hydrobromic Acid remained in a narrow range as downstream industries effectively reduced their operations across the region. The reason behind this fall in production activity was low availability of raw materials followed by the aftereffects of the winter storm during February in the Gulf of USA. Meanwhile, the imports of feedstock Bromine from other countries remained low due to critical weather conditions. Get more info: https://www.chemanalyst.com/Pricing-data/hydrobromic- acid-1135
Hydrobromic Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Asia In the Asian market, prices of Hydrobromic Acid fluctuated effectively with lower availability and demand from downstream industries. During this quarter, in the Indian market prices of feedstock Bromine generally surge due to low availability of Brine solution. With ease in winter conditions, February onwards prices showed stability in its value and started falling in March, when the inventories picked up adequate level. Similar scenario was observed with Chinese market where 1.65% rise in bromine prices led HBr prices to rise marginally, which finally settled down at USD 1910/MT during March 2021. Europe Europe witnessed feeble demand for Hydrobromic Acid, post sudden surge in COVID 19 cases which slowed down the industrial activities of the region. Amidst low demand and slow production rate, procurement of raw materials was also a big issue for traders, as the trading activities were curtailed by the unfavourable weather conditions. In addition, demand from Zinc Bromide sector was reduced as the European automotive industry followed slow recovery. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Hydrobromic Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Hydrobromic acid manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Hydrobromic acid market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Hydrobromic acid market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Hydrobromic acid are analyzed and region- wise demand pattern is tracked.
Hydrobromic Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Hydrobromic Acid is a colourless or light-yellow liquid formed by the combination of a single atom of hydrogen and bromine. It has a boiling point of 120˚C and melting point -110˚C. It is synthesized by dissolving gaseous hydrogen bromide (48%) in water (62%). Due to its catalytic properties, Hydrobromic Acid is used in extraction of most of the metals. Hydrobromic acid is also used to manufacture organic or inorganic bromides such as Calcium Bromide, Sodium Bromide and Zinc Bromide. Sodium Bromide is used in medical industry to make anticonvulsant, hypnotic, and sedative. Calcium bromide is used in food industry as preservative whereas Zinc bromide is used in automobile industry to manufacture zinc batteries. Even after being highly corrosive in nature, Hydrobromic Acid cannot be replaced as a catalyst in the industries, that creates abundant opportunities for its market growth. Product Specific Details CAS Grade; Packaging Size: Drum/tank; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot No.: 10035-10-6; HS Code: 28111990; Grade: Technical Countries Covered: APAC – China, Japan, India, South Korea, Singapore Europe – Germany, France, Belgium America – USA, Brazil MEA – Saudi Arabia, UAE, South Africa
Hydrobromic Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst is ‘one stop’ online portal that offers comprehensive market intelligence data and in-depth analysis on the Global chemical and petrochemical industry. Our aim is to provide competitive advantage to the industry stakeholders by offering ‘cutting edge’ information and analysis that help our customers leverage on the emerging opportunities in their businesses. ChemAnalyst’s team of 100+ analysts are engaged in tracking Chemical Prices daily, production capacity, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst’s Interactive subscription platform provides the most comprehensive data and analysis in your industry to help you decode the future. demand and supply outlook, ChemAnalyst is promoted by TechSci Research (TSR). TSR is a research- based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace Management, BFSI and more. & Defense, Water and Waste CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
