Monthly Archives: January 2019

Domestic hydrofluoric acid market prices in China fell this week (1.7-1.11)

According to statistics, domestic hydrofluoric acid prices declined this week, the price at the end of the weekend was 12775 yuan/ton, down 3.58% from 13250 yuan/ton at the beginning of the week and 7.20% from the same period last year.

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Products: Hydrofluoric acid prices continued to fall this week, enterprises reflect that the current on-site supply of hydrofluoric acid is sufficient, the recent on-site situation has deteriorated, some enterprises have increased hydrofluoric acid inventory, factory prices continue to fall, but due to high domestic fluorite prices, the market price trend of hydrofluoric acid slightly declined, the current mainstream of hydrofluoric acid negotiations in the southern region is about 1250 yuan/ton. The price of hydrofluoric acid in the northern market ranges from 1250 to 13000 yuan/ton. In the near future, the northern region will be affected by the rain and snow weather. Some hydrofluoric acid plants will be parked and repaired. The price of hydrofluoric acid market will fall by a limited margin. Domestic hydrofluoric acid market prices slightly lower, due to the recent downstream refrigerant industry equipment overhaul more, the market is not good, the market price of hydrofluoric acid is lower. By the end of the weekend, the mainstream of domestic negotiations on hydrofluoric acid in Fujian was about 12 500 yuan/ton, the price of hydrofluoric acid in Shandong was 12 500 yuan/ton, that of hydrofluoric acid in Jiangxi was 12 500 yuan/ton, that of hydrofluoric acid in Inner Mongolia was 12 500-13 000 yuan/ton, and that of hydrofluoric acid was slightly lower.

Industry chain: The price of fluorite in the upstream of hydrofluoric acid is stable this week. The factory price of fluorite is 3600 yuan/ton by the end of the week. The fluorite trend is stable this week. Recent fluorite plant start-up is at a low level. The rate of fluorite plant start-up in Inner Mongolia and Hebei provinces continues to decline. On the whole, the supply of fluorite is limited, the price of fluorite remains high, and the high price of upstream raw materials is the market belt of hydrofluoric acid. With substantial positive impact, the price decline of hydrofluoric acid market is limited. Recent downstream refrigerant product maintenance devices are more, the demand for upstream fluorite and hydrofluoric acid has weakened, the recent downstream refrigerant trading market has declined, and the price of hydrofluoric acid products has slightly decreased. Recent downstream refrigerant product maintenance devices are more, the demand for upstream fluorite and hydrofluoric acid has weakened, the recent downstream refrigerant trading market has declined, and the price of hydrofluoric acid products has slightly decreased. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 70%, R22 refrigerant facility start-up rate declines, the main production enterprise bulk water out-of-factory offer price drops to 17500-18500 yuan/ton, but the production enterprise does not have bulk water spot, mainly with a small number of cylinders shipped. In addition, the actual demand side of the market has declined, and the shipment market trend is poor. The domestic market price of R134a is slightly lower, the start-up rate of production enterprises is lower, the market demand for refrigerants is weakened, and manufacturers mainly export their products. However, the on-site transaction price does not change much, and the merchants purchase on demand. Recently, due to the impact of equipment maintenance, the upstream market demand for hydrofluoric acid has weakened. Aluminum fluoride prices of downstream products have recently declined, from 13300 yuan/ton at the beginning of this week to 13200 yuan/ton at the end of the week. The price trend has declined by 0.75%. Recently, the market price of hydrofluoric acid has slightly declined due to the bad market conditions.

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Industry: This week, the upstream raw material fluorite and hydrofluoric acid Market devices started to slightly lower, but the downstream refrigerant industry overhaul devices increased, hydrofluoric acid market prices slightly lower.

Recent domestic refrigerant plant overhaul is more, the market demand for hydrofluoric acid is decreasing, and the spot supply of hydrofluoric acid is sufficient, but the raw material market price is still at a high level. Chen Ling, an analyst of hydrofluoric acid business association, believes that the market price of hydrofluoric acid will decline slightly next week, and the price of hydrofluoric acid will be about 12,500 yuan/ton.

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Iraq’s oil exports surge in December 2018

Iraq’s oil exports surged in December compared with November, due to a slow temporary recovery in November after a year of stagnation, an increase in exports from the northern Kirkuk oilfield and a record high in exports from the southern port of Basra.

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In December 2018, Iraq’s oil exports averaged 3.726 million barrels a day, compared with 3.372 million barrels a day in November, when exports fell to their lowest level in seven months due to bad weather at the southern port.

Reuters quoted a statement from the Iraqi Ministry of Oil on Wednesday as saying that Iraq’s oil exports from Basra terminal in December averaged 3.63 million barrels a day, a record high, higher than last month’s average of 3.363 million barrels a day.

According to the Iraqi Ministry of Oil, federal exports from Kirkuk Oilfield to the Mediterranean Port of Seihan, Turkey, surged from an average of 8716 barrels a day in November to 99,000 barrels a day in December.

In mid-November, Iraq resumed oil exports from Kirkuk Province, where oil flows were halted a year ago due to disputes with the Kurdistan region. After a referendum held in the semi-autonomous region that Baghdad did not recognize, the Iraqi federal government took over the Kirkuk oilfield from Kurds in October 2017, shutting down about 300,000 barrels of crude oil per day that had previously been transported and exported to Seihan in Kirkuk Province. However, the only export of Kirkuk’s oil is the Kurdistan Regional Government (KRG) pipeline. Iraq and KRG use the federal government’s export pipeline to reach agreements in Baghdad.

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