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Analysis of Supply and Demand of Barite Resources in China

2019-11-07
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China is a country with large barite reserves and a large producer in the world, accounting for 44.7% of the world's total barite production. Barite mines are mainly distributed in Guizhou, Hunan, Gansu, Guangxi, Shaanxi, Shandong and Zhejiang.

 At present, barite trading in the world uses a contract pricing mechanism, but due to differences in taste, development costs, and traffic conditions, there is no unified barite trading market in China, nor a unified pricing mechanism. Slightly higher than other regions.

China's larger trade target is the United States, which uses the CIF price of the Gulf of Mexico. There are currently two prices for barite ore on the market: drilling grade and coating grade. Less paint grade, but higher added value.

China's Guizhou barite is mainly exported to oil and gas producing countries, and its products are mainly drilling-grade barite. Export targets include the United States, Mexico, the Netherlands, Saudi Arabia, Malaysia, Indonesia and other oil and gas producing countries, of which the United States, the Netherlands, Saudi Arabia, and Indonesia are the top four trading targets.

At present, there is no corresponding industry association or organization in China to guide the production and trade of barite enterprises. The disorderly and even vicious competition among enterprises is unavoidable, resulting in a long-term situation of low export prices. In order to ensure the sustainable development of the industry, we should start to strengthen the production management of mines, improve the level of production technology, build a group of large and medium-sized barite deep-processing enterprises, adjust the export structure, improve the technical content of products, expand the proportion of fine product exports, and export less And the direction of foreign exchange earning is large.