On May 9, the hydrofluoric acid commodity index was 98.17, up 0.26 points from yesterday, down 30.09% from the peak of 140.43 points in the cycle (2018-02-21), and up 83.19% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic market price of hydrofluoric acid rose on the 8th. Up to now, the domestic market price of hydrofluoric acid is 10 818.88 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on the spot is tight at present. The recent market situation is general. Due to the high raw material fluorite, some hydrofluoric acid manufacturers limit production and guarantee prices, the market price trend of hydrofluoric acid is small. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10500-11000 yuan/ton, while the price of hydrofluoric acid in the northern market is about 10500-11000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand was not actually good, hydrofluoric acid market prices rose slightly.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions are cool, R22 refrigerant plant surface starts at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-18,800 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen buy on demand. Recently, due to the poor condition of goods, the price trend of hydrofluoric acid market is shaking.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid has decreased, Business Analyst Chen Ling believes that the hydrofluoric acid market may rise slightly.

At a time when the United States is cancelling Iran’s crude oil export exemption, many European countries have jointly issued a strongly worded statement vowing to continue to push for legitimate trade with Iran.

May 4, the European Union High Representative, French Foreign minister, German Foreign Minister and British Foreign Minister on the Comprehensive Agreement on the Iranian nuclear issue joint statement, said that the Iran nuclear deal is the key to increase stability and security in the Middle East region, the United States in the withdrawal of the Iraq nuclear deal after the re-implementation of sanctions deeply regret.

In this joint statement, the European Union and other parties declared that the remaining participating States of the Iran nuclear deal are determined to work with third countries interested in supporting the agreement to maintain and maintain Iran’s financial channels and exports: We are determined to work with other European partners to allow the legal trade with Iran to continue, including through the operationalization of the special purpose carrier of “INSTEX”. In this regard, shareholders are committed to significantly increasing their financial contribution to the INSTEX operating budget.

We encourage all countries, including Russia and China, as participants in the comprehensive Agreement, to do their utmost, through concrete steps, to promote the legitimate trade permitted by the agreement.

Financial blogger ZeroHedge commented that the joint statement could be intended to stabilize the global crude oil market and also suggest that Trump’s decision to re-impose sanctions on Iran’s oil exports could bring a showdown between the United States and its European allies. Damien Courvalin, an analyst at Goldman Sachs, said in the May 6 report that Brent crude was expected to rebound in the near future in light of rising supply risks and improved demand, which in turn led to lower margins in the EU.

Goldman Sachs expects Iran’s crude oil production to be reduced by 900,000 barrels a daily as a result of U.S. sanctions. Brent crude hit 75.33 of dollars/barrels in April 25, a new high since November 2018, amid a sudden tightening of U.S. sanctions exemptions on Iran and other factors.

The price of cloth oil has now receded, but it is still above 70 dollars.

With the US demanding that Europe abandon the Iran nuclear deal, the EU, France, Germany and the UK have set up a special purpose agency aimed at boosting legitimate business deals with Iran.

According to Bloomberg, in Tuesday, representatives of the European Union, France, Germany, the United Kingdom and Iran will meet in Brussels to discuss how to work together to trade with Iran through INSTEX, a special purpose agency set up in Europe.

But media POLITICO said most experts believe it will be difficult to overcome U.S. sanctions because many companies are too scared of Washington’s punishment to maintain business ties with Iran. In April of this year, the White House officially issued a statement saying Trump had decided not to update Iran’s crude oil exemption policy, which expires in May, with the aim of reducing Iran’s crude oil exports to zero. The United States has demanded that all Iranian oil buyers must stop importing by May 1 or face sanctions. The White House aims to cut off the lifeline of Iran’s annual oil revenue of $50 billion to pressure Tehran to limit its nuclear and ballistic missile tests and stop its support for the Assad government in Syria and the Houthi forces in Yemen.

On December 24 last year, the Ministry of Finance announced the 2019 import and export tariff rules, which clearly indicated that since January 1, 2019, Fertilizer, apatite, iron ore, slag, coal tar, wood pulp and other 94 commodities no longer impose export tariffs, then for compound fertilizer,

The most significant change is the ternary fertilizer export tariff adjusted from 2018 to 100 Yuan/ton to zero tariff. Since 2016, the export tariff of compound fertilizer has fully reflected the trend of gradual loosening from the price quota to the adjustment from the quantity quota to the zero tariff, although the ternary fertilizer accounts for a relatively small amount of compound fertilizer exports, but according to China Customs Statistics, 2019 1-March,

Nitrogen, phosphorus and potassium ternary compound fertilizer accumulated exports of 191,100 tons, an increase of 640.1% yoy, such a clear increase, is bound to have a small impact on the domestic compound fertilizer market. First, to ease excess capacity. As we all know, China’s total fertilizer production capacity has long been seriously surplus, the overall utilization rate of less than 40%, the elimination of export tariffs, not only conducive to alleviating the domestic surplus of compound fertilizer production capacity, but also to a certain extent to improve the international influence of China’s compound fertilizer products, especially in the domestic market competition increasingly fierce background,

The increase of exports or will enhance the brand confidence of enterprises, through participation in international competition to enhance the quality of their own products, for the future stable development of China’s compound fertilizer market to lay a shot in the arm. Second, boost the domestic market. In the past two years, the domestic compound fertilizer market has always been in a depressed state, the production of raw materials fluctuations frequently, but compound fertilizer and agricultural products in the response is slow, enterprises themselves from upstream and downstream pressure, after the cancellation of the export of this road or domestic production enterprises another way out, but according to the current import and export market,

Export prices are much lower than import prices, blindly in exchange for low prices for sales is not a long-term solution, only enterprises take the initiative to improve product quality, there is a chance in the real international market to drive the domestic market. Finally, the export countries diversify.

It is understood that 2018 China’s ternary compound fertilizer exported to more than 70 countries and regions, including the main export destinations for Southeast Asia, such as Myanmar, Vietnam and other agricultural development-oriented countries; From the source point of view, mainly from Yunnan, Fujian, Jiangsu, Hubei and other places.

The implementation of zero tariffs in 2019 will also accelerate the promotion of ternary fertilizer exports to countries and regions along the belt and road, including China, a total of 65 such countries, with a population of 63% of the world, 29% of the world’s total economy and 35% of the world’s total foreign trade, which shows that the demand volume is very large. On the whole, the implementation of zero tariffs on exports is good for the compound fertilizer market, but because of the small base of compound fertilizer export in China, coupled with the frequent ups and downs of raw materials market and environmental protection, safety and other uncertain factors will long-term impact on the market, compound fertilizer enterprises will still face no small pressure.

A senior Iranian oil ministry official said Friday that Iran was circumventing U.S. sanctions and selling crude oil in the “grey market”.

The official news agency of the Islamic Republic of Iran quoted the Deputy Minister of oil, Amir Hussein Zamaniya, as saying that Iran “has mobilized all the resources of the country to sell crude oil in the”grey market”.

Zamaniya did not explain the meaning of “grey market” and disclose details, including crude oil exports.

Last year, the U.S. government withdrew from the comprehensive agreement on Iran’s nuclear issue and resumed sanctions against Iran, including crude oil exports, while granting eight Iranian crude oil importers a months-long exemption from sanctions. In April this year, the United States announced that the exemption would not continue after the expiration of May 1. As one of the means of “extreme pressure” on Iran, this measure aims at completely blocking Iranian crude oil exports and cutting off Iran’s main source of income.

The Iraqi side showed a non-yielding attitude and said it would continue to export crude oil. In an interview with Reuters on April 25, Iranian Foreign Minister Jawad Zarif said that “there is always a way to circumvent the sanctions” and Iran will make every effort to continue selling crude oil. Zarif refused to disclose the Iraqi side’s consideration of oil sales.

Zamaniya said on the 5th that Iraqi oil sales in the “grey market” are “not smuggling, but resistance to illegal sanctions from the United States”.

The European Union’s imports of liquefied natural gas from the United States have increased by 272% per cent year-on-day since July 2018, according to data released by the European Commission on April 30.

The data also showed that the EU and the United States had more than 1.4 billion cubic meters of liquefied natural gas trade in March this year, a record high.

The European Commission said on the same day that the European and American sides will hold the first EU-US Energy Commission high-Level forum in Brussels on May 2 to discuss further upgrading the transatlantic liquefied natural gas trade relationship. July 25, 2018, US president Trump at the White House with visiting European Commission chairman Jean-Claude Juncker held talks on bilateral economic and trade issues, the two sides agreed to strengthen strategic cooperation in the energy sector, one of the specific measures is the EU from the United States to import more liquefied natural gas.