OPEC+ is likely to stick to its plan for a small increase in oil production in May despite a surge in oil prices caused by the Ukraine crisis and calls from consumer countries such as the United States for more supply.

Several oil consumers, including the US, have urged producers to boost output further, for the crude price has hit its highest level since 2008 of more than $139 this month. But major OPEC producers including Saudi Arabia and the United Arab Emirates did not raise their output targets, and other countries like Russia avoided talking about the subject of Ukraine.  

OPEC+ is made up of the Organization of Petroleum Exporting Countries (OPEC) and the oil-producing Allies which is led by Russia. Since August 2021, OPEC+ has been sticking to its plan to increase production by 400,000 b/d per month, which will rise slightly to 432,000 b/d from May 1st.

This increase did not mean OPEC+’s concession to consumer countries demanding more oil, but an outcome of an internal recalculation of reference production levels, raising quotas for Saudi Arabia, Russia, Iraq, the United Arab Emirates, and Kuwait.

The supply and prices of many other products in global market like the Copper Iodide price will continue to be influenced by the oil supply shortage.

About Copper Iodide:
Copper(I) iodide with CAS 7681-65-4 is the inorganic compound with the formula CuI. It is also known as cuprous iodide. 

Specifications and properties of Copper Iodide:

Chemical formula：	CuI
Molar mass：	190.45 g/mol
Appearance：	White powder，when impure: tan or brownish
Odor：	odorless
Density：	5.67 g/cm3
Melting point：	606 °C (1,123 °F; 879 K)
Boiling point：	1,290 °C (2,350 °F; 1,560 K) (decomposes)
Solubility in water：	0.000042 g/100 mL
Solubility product (Ksp)：	1 x 10−12
Solubility：	soluble in ammonia and iodide solutions，insoluble in dilute acids，Vapor pressure 10 mm Hg (656 °C)
Magnetic susceptibility (χ)：	-63.0·10−6 cm3/mol
Refractive index (nD)：	2.346
Crystal structure：	zincblende

Application of Cuprous iodide:
Cuprous iodide is widely used as an organic synthesis catalyst, a resin modifier, a rain-seeding agent, an anodic ray tube coating, and a source of iodine in iodized salt.

Storage Condition of Cuprous iodide Powder:

Damp reunion will affect Cuprous iodide powder dispersion performance and using effects, therefore,Cuprous iodide Powder should be sealed in vacuum packing and stored in cool and dry room, the Cuprous iodide Powder can not be exposure to air. In addition, the Cuprous iodide powder should be avoided under stress.

Packing & Shipping of Cuprous iodide Powder:

We have many different kinds of packing which depends on the Cuprous iodide Powder quantity.

Cuprous iodide Powder packing:vacuum packing, 100g, 500g or 1kg/bag, 25kg/barrel, or as your request.

Cuprous iodide Powder shipping:could be shipped out by sea , by air, by express as soon as possible once payment receipt.

Copper iodide is the inorganic compound, chemical formula CuI, submicron and nanopowder forms may be considered for industrial and application purpose. The appearance of Copper iodide is white. It mainly applied as an organic synthesis catalyst, a resin modifier, a rain-seeding agent, an anodic ray tube coating, and a source of iodine in iodized salt.

The COVID-19 pandemic has affected economies and chemical companies in many countries around the world. Measures such as extending holidays and resuming work were taken to control the development of the epidemic, and the normal operation of some chemical enterprises was also affected to some extent.

We provides high quality Copper Iodide price with reasonable price. “In order to feedback to old customers, the company is still in full operations to provide Copper Iodide price with competitive price.” said Olina, the sales manager.

Chemical production is highly dependent on transportation, and the epidemic affects the circulation of people and materials first. Predictably, none of this is rosy. In densely populated areas with large mobility, the situation of epidemic prevention and control becomes more severe in the later stage. If you are looking for the Copper Iodide price, feel free to contact us.

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