(6.02-6.08) Titanium Weekly Review

Ilmenite

The price of small and medium-sized titanium ore in Panxi continues to decline this week, and the small and medium-sized miners are in a strong sense of panic. Up to now, the transaction price of 46 miners 10 ilmenite is 1920-1980 yuan / ton, the price of 47 miner 20 ore is 2300-2350 yuan / ton, and the tax-free quotation of 38442 titanium ore is 1450-1550 yuan / ton. The price of titanium dioxide in the lower reaches continues to decline, coupled with underemployment by enterprises, reduced demand for titanium ore, great pressure on small and medium-sized miners to take new orders, and panic decline in market prices; prices of large factories are stable this month, and Panzhihua Iron and Steel Company controls the export of raw materials, but the price in the downstream market is seriously depressed, and the price of titanium ore is weak and downward.

The market price of imported titanium ore is strong. Up to now, the price of titanium ore in Mozambique is US $415 / ton, the market price in Australia is US $390 / ton, and the price of 47-49 ore in Kenya is not quoted for the time being. Downstream demand is declining, high prices are under great pressure, while import supply is tight as a whole, and prices remain strong.

Titanium slag

The market price of high titanium slag is weak, and the bidding price of enterprises has dropped sharply. this month, the bidding price of high slag in the north of the market is about 8600 yuan / ton, and the price of low calcium and magnesium slag is 9100 yuan / ton, which is lower than that of last month; under the pressure of downstream market costs, the decline in market demand, the greater pressure on high slag shipment, and the release of new production capacity of enterprises in the market this year, the market supply of high slag has increased, and the market price is weak.

Acid slag market is weak and stable, so far, Sichuan area including tax factory price 4920-5020 yuan / ton, Yunnan area including tax factory price 4700 yuan / ton; acid slag market demand is low, downstream titanium dioxide market is weak, enterprise shipping pressure is large, acid slag shipping price is still at a loss, prices will continue to be weak and stable operation.

Titanium tetrachloride

Titanium tetrachloride market price weak operation, due to the decline in market demand, coupled with the decline in the price of raw materials high slag, the price of northern enterprises reduced by about 600yuan / ton this week, titanium tetrachloride market price in 6800-7000 yuan / ton, the market individual low transaction price in 6500 yuan / ton; market demand continues to weaken, coupled with strong market price pressure, titanium tetrachloride enterprise pressure, the market to maintain a weak operation.

Titanium dioxide

The price of titanium dioxide continued to decline this week. up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 14800-16000 yuan / ton, and that of anatase titanium dioxide is 12600-13400 yuan / ton. Titanium dioxide shipping pressure, market price competition pressure, titanium dioxide price confusion The cost and price of raw materials has declined, but it is difficult to digest the continuous increase in inventory of some enterprises. according to Tu many incomplete statistics, at present, there are about 22 enterprises in the market to limit production and stop production, and the start-up of the titanium dioxide market has declined; in the off-season, the domestic demand market continues to be weak; the export pressure of enterprises has increased, and the market pessimism is still strong, but the pressure of market competition is great, and the overall demand is still weak, and the market price of titanium dioxide will continue to be weak.

Sulfuric acid

China's sulphuric acid market is running strongly this week. Up to now, 98% of smelting acid in Henan Province has a transaction price of 1-50 yuan per ton, 98% of ore acid prices in Hebei are 20-200 yuan / ton, and 98% sulfonic acid prices are 180-260 yuan / ton. this week, sulfuric acid export orders in Jiangsu and other regions have improved, the inventory pressure of manufacturers has eased, and sulphuric acid prices remain strong. However, the demand for phosphate fertilizer and titanium dioxide in the lower reaches remains low, the demand for sulphuric acid is weak, coupled with the high cost of raw materials, the cost pressure of enterprises is great, and the price of sulfuric acid has fallen to a low level in the early stage, there is no more room for price reduction, and the game mood between supply and demand in the market is relatively strong. It is expected that the sulphuric acid price will be deadlocked in the short term.

Sponge titanium

The sponge titanium market maintains the weak operation, the market price is chaotic, the first-grade sponge titanium market transaction price is between 68000 yuan / ton, the raw material titanium tetrachloride price is down, the magnesium ingot price is low, the sponge titanium cost pressure is alleviated, but the downstream demand is weak, the sponge titanium enterprise inventory pressure is big, the semi-process enterprise production pressure is big, the market starts to decline. At present, there is still an oversupply of sponge titanium in the market, and the price of sponge titanium is expected to remain weak and stable next week.

Future forecast:

1. The downstream demand is weak, and the price of titanium ore will run weakly and stably.

2. the market demand is weak, and the titanium dioxide market will be weak and stable.

3. There are some stocks in the sponge titanium market, and the price continues to run weakly.