(6.21-6.29) Titanium Weekly Review

Ilmenite

After the festival, the price of Panzhihua ore has risen steadily, and the cumulative increase in market price is about 50-100yuan / ton. up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 1950-2050 yuan / ton, the price of 47mine 20 is 2300-2350 yuan / ton, and the tax-free quoted price of 38jingjing42 titanium ore is 1350-1450 yuan / ton. Due to the tight supply of raw ore, the upward price of medium ore, the great cost pressure of water concentrator, and the low inventory of small and medium-sized miners, enterprises hesitate to sell, and the market price is strong; according to market news, the price of Panxi large factory remained stable in July, and the supply of raw ore and titanium ore is planned to continue to decrease, and the market price of titanium ore is strong. However, the downstream titanium dioxide market is off-season, the cost and price of enterprises is high, the supply and demand of titanium ore market is basically balanced, and the price is expected to operate steadily.

The market for imported titanium ore is stable. So far, 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 mines in Kenya is not quoted temporarily; the downstream market is weak, and enterprises have some cost pressure. This week, ore prices are on the rise, the downstream market is basically stable, and prices will continue to operate steadily.

Titanium slag

High titanium slag market to maintain stable operation, this month northern enterprises tender price dropped in 500yuan / ton compared with last month, northern enterprises high slag tender price in 8600 yuan / ton, low calcium and magnesium high slag price in 9100 yuan / ton; high raw material cost, high titanium slag enterprise cost pressure, downstream market trading situation light, market procurement willingness to decline, high slag shipping pressure, and later slag factory maintenance plan, high slag market to maintain weak operation.

Acid slag market is weak and stable, 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 low, downstream titanium dioxide market is weak, enterprise shipping pressure is large, subject to high water season electricity price concessions, acid slag enterprise cost pressure relief, but titanium dioxide market is still in the off-season, the price will continue to be weak and stable operation.

Titanium tetrachloride

The market price of titanium tetrachloride is weak and stable. At present, the market price of titanium tetrachloride is 6800-7000 yuan / ton, and the transaction price of individual low points in the market is 6500 yuan / ton; the shipment situation in the downstream market is not ideal, and the demand for titanium tetrachloride is weak and difficult to change in a short period of time. Enterprises are under great pressure, and the market maintains weak operation.

Titanium dioxide

The titanium dioxide market has been operating stably this week. Up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 14500-15800 yuan / ton, and that of anatase titanium dioxide is 12500-13200 yuan / ton. Affected by the current market situation, there are not many new orders for titanium dioxide enterprises, and there is great pressure on market price competition. The price of raw material titanium ore has risen, the price of sulfuric acid has declined, the cost price of enterprises has remained high, the production pressure of some enterprises is great, and the market operation is insufficient; the export data of titanium dioxide has been maintained well, the exchange rate price has risen, and the FOB prices of individual manufacturers have been adjusted, and the prices outside China are basically the same. July market traditional maintenance season, some manufacturers re-store maintenance plans, coupled with the market news that dragon prices will be adjusted next month, titanium dioxide market prices are weak and stable.

Sulfuric acid

China's sulphuric acid market is deadlocked this week. Up to now, 98% of smelting acid prices in Henan are 1-50 yuan / ton, 98% of ore acid prices in Hebei are 20-200 yuan / ton, and 98% of sulfonic acid prices are 150-250 yuan / ton. downstream phosphate fertilizer and titanium dioxide markets are in the traditional off-season, the demand remains sluggish in the short term, sulfuric acid demand is weak, and downstream replenishment mostly maintains rigid demand. Affected by inventory pressure, prices in some areas have been lowered again this week, the sulfuric acid market will continue to operate weakly and steadily in the short term, and the transaction price will be discussed one by one.

Sponge titanium

Sponge titanium market price is stable and weak, level 1 sponge titanium market transaction price is 63000 yuan / ton, raw material magnesium ingot price low shock, enterprise start to maintain high level; downstream titanium demand is weak, market resistance to high price sponge titanium is strong, market price is weak downward; sponge titanium price continues to adjust, market wait-and-see mood is strong, it is expected that the sponge titanium market will continue to run weakly.

Future forecast:

1. The market supply of titanium ore is reduced, and the market price may be firm.

2. Titanium dioxide enterprises are under great cost pressure, and the market price is weak and stable.

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