(6.09-6.15) Titanium Weekly Review

Ilmenite

The ilmenite market is running weakly and steadily this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 1900-1960 yuan / ton, the price of 47jing20 ilmenite is 2300-2350 yuan / ton, and the tax-free price of 38pai42 ilmenite is 1350-1450 yuan / ton. under the control of Panzhihua Iron and Steel Company, the price of raw materials is strong, the cost of concentrator is high, the small and medium-sized miners are willing to sell, and the low price of ilmenite has stopped falling. Downstream titanium dioxide market off-season, enterprise cost pressure, procurement is more cautious, titanium market supply and demand game sentiment is strong, the market is weak and stable operation.

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. Affected by the weakening of the downstream titanium dioxide market, the cost pressure of enterprises is great, the market price pressure is strong, the new orders of enterprises are reduced, and the prices of some imported mines are reduced by school uniforms. However, at present, the exchange rate is high, the cost of importing ilmenite by foreign businessmen is high, and the cost pressure of enterprises is great.

Titanium slag

The market price of high titanium slag is weak and stable. This month, the bidding price of northern enterprises dropped to 500yuan / ton compared with last month, the bidding price of high slag of northern enterprises was about 8600 yuan / ton, and the price of low calcium and magnesium high slag was 9100 yuan / ton. The start-up of high titanium slag enterprises is basically stable, the market supply is sufficient, the trading situation in the downstream market is light, due to the decline of market demand, high slag shipping pressure, high market price shipping pressure, coupled with high raw material prices, slag plant production pressure, market prices weak and stable operation.

Acid slag market to maintain weak operation, so far, Sichuan area including tax factory price 4920 yuan / ton, Yunnan area including tax factory price 4500 yuan / ton; acid slag market demand is weak, enterprise underemployment, with the reduction of raw material titanium ore price, acid slag cost price has been alleviated, but the enterprise profit situation is still poor, the price maintains weak and stable operation.

Titanium tetrachloride

The market price of titanium tetrachloride is weak and stable, the price of liquid chlorine remains low, and the cost pressure of titanium tetrachloride has been alleviated. at present, the market price of titanium tetrachloride is 6800-7000 yuan / ton, and the individual low transaction price in the market is 6500 yuan / ton. the shipment situation in the downstream market is not ideal, the demand for titanium tetrachloride is weak and difficult to change in the short term, the enterprise is under great pressure, and the market maintains a weak operation.

Titanium dioxide

The market price of titanium dioxide remains weak 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 market off-season, titanium dioxide enterprises sign less new orders, market price competition pressure, titanium dioxide price decline Raw material titanium ore, sulfuric acid prices decline, enterprise costs and prices decline, but some small and medium-sized manufacturers have great inventory pressure, enterprises reduce production and stop production, titanium dioxide market starts to decline; this week's dragon enterprise meeting titanium dioxide price remains stable, enterprise supply and marketing basically maintain a balance; coupled with the rising exchange rate, RMB depreciation, good for China's titanium dioxide export market, enterprises resell exports, titanium dioxide FOB price is strong. At present, the cost pressure of titanium dioxide is weakened, but in the off-season of the market, some titanium dioxide enterprises are still under some pressure.

Sulfuric acid

The sulphuric acid market in China is deadlocked 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 price in Hebei area is 20-200 yuan / ton, and 98% sulfonic acid price is 180-260 yuan / ton. Downstream phosphate fertilizer, titanium dioxide market has entered the off-season, the demand remains depressed and difficult to change in the short term, the downstream replenishment situation will maintain rigid demand, sulfuric acid demand is weak, coupled with the high cost of raw materials, enterprise cost pressure, and the previous sulfuric acid price has fallen to a low level, short-term acid price is not expected to decline, sulfuric acid price remains weak and stable operation.

Sponge titanium

The sponge titanium market maintains weak operation, the first-grade sponge titanium market transaction price is between 6.3yuan and 68000 yuan / ton, the raw material titanium tetrachloride price goes down, the magnesium ingot price is low, the sponge titanium cost pressure is alleviated; the downstream demand is weak, under the sufficient market supply, sponge titanium market supply and demand imbalance This week, the new guidance price of sponge titanium is set at 61000 yuan / ton, the market is weak, enterprises have great pressure on new orders, and the market inventory pressure is great. It is expected that the price of sponge titanium will maintain a weak and stable operation next week.

Future forecast:

1. The market of titanium ore controls supply, and the price decline may be limited.

2. the market demand is weak, and the titanium dioxide market maintains a weak operation.

3. The supply and demand of sponge titanium market is out of balance, the enterprise has inventory, and the price continues to be weak.