(6.30-7.06) Titanium Weekly Review

Ilmenite

The market price of Panxi titanium mine has gone up again this week, and the price of small and medium-sized miners has also remained strong. up to now, the transaction price of 46jin10 ilmenite from small and medium-sized manufacturers is 1980-2080 yuan / ton, the price of 47jing20 ore is 2300-2350 yuan / ton, and the tax-free price of 38pha42 titanium ore is 1350-1450 yuan / ton. Due to the high cost of raw ore in the upstream, the high cost of concentrator, the steady upward price of small and medium-sized miners, and the increase in market inquiries this week, enterprises hesitate to sell, and the market quotation remains strong; the downstream market is off-season and underemployed, and enterprises are more cautious in purchasing. Titanium ore market supply and demand game, the market wait-and-see mood is strong.

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 ore in Kenya is not quoted for the time being; the downstream market is weak, and enterprises have some cost pressure. This week, the price of ore climbing has risen, the price of imported titanium ore has also remained strong, and the market is temporarily stable.

Titanium slag

Due to the weak and stable operation of the high titanium slag market, due to the high cost of raw materials, the high cost pressure of the high titanium slag enterprises, the underoperation of the downstream market, the cautious attitude of enterprises in purchasing, the high slag shipping pressure, and the decline in iron prices, the profits of the slag plant have been reduced again, and the production pressure of the enterprise is great. In July, some slag plants have re-stored maintenance plans, and the operation of the high slag market is weak. Today, the market is waiting for the news of bidding by northern enterprises.

The market price of acid slag is stable for the time being. up to now, the ex-factory price of 4920 yuan / ton in Sichuan and 4500 yuan / ton in Yunnan; the prices of raw and auxiliary materials such as acid slag remain high and the cost of enterprises is high; the downstream titanium dioxide market is weak and the market demand is low, and short-term prices will continue to operate weakly and stably.

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 downstream market starts to decline, the demand for titanium tetrachloride continues to be weak, and there is an imbalance between supply and demand in the market. Enterprise shipping pressure is great, some titanium tetrachloride enterprise devices reduce production, and the market maintains weak operation.

Titanium dioxide

This week, the market mostly carried out the new unit price in July, with a price reduction of 300,600yuan / ton. up to now, the tax ex-factory price of rutile titanium dioxide in China is 14500-15800 yuan / ton, and the tax-containing factory price of anatase titanium dioxide is 12500-13200 yuan / ton. the market off-season, downstream demand is not good, at the beginning of the month, with the dragon enterprise new single price reduction, some enterprises follow the price adjustment, due to the high price of raw titanium ore, the price reduction is limited. It is reported that after the new round of price reduction, the new orders of some enterprises have increased slightly; this month, affected by the market maintenance season and the Universiade in Southwest China, dragon enterprises and some enterprise installations will have production suspension and maintenance plans, and the market supply will be reduced, which is also good for the titanium dioxide market; the foreign trade market is maintained well, the exchange rate price is high, coupled with the Japanese Ishihara letter price adjustment, the market foreign trade orders have increased. The price of titanium dioxide continued to fall in the second quarter, while the cost of raw materials remained high, enterprises were on the edge of losses, and the cost of titanium dioxide was under great pressure. the market output in the first half was slightly lower than that of last year, while in the third quarter, with the release of new production capacity in the market, there is still some pressure in the late market operation, and the price of titanium dioxide will continue to be discussed one by one.

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 50-200 yuan / ton, and 98% of sulfonic acid prices are 150-250 yuan / ton. recently, the downstream phosphate fertilizer market has stabilized, which is good for the sulphuric acid market, but the downstream market is in the off-season, and the procurement situation still maintains rigid demand. This week, the shipments of sulfuric acid factories in Panzhihua and other areas have improved, and the acid prices of manufacturers have increased slightly. In the short term, the sulfuric acid market is still dominated by wait-and-see, and the transaction price is discussed one by one.

Sponge titanium

The market price of sponge titanium is stable and weakening, the transaction price of grade 1 sponge titanium is between 61000 yuan / ton, the demand for civil products of sponge titanium continues to be weak, the production pressure of semi-process enterprises is greater, and the market starts to decline again in July, the price of raw materials is high, the enterprise shipping pressure is great, the whole process enterprises are also under pressure, the market new order price is weak and downward, and the sponge titanium market will continue to run weakly in the later stage.

Future forecast:

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

2. The start-up of titanium dioxide market has declined, and the market has maintained a weak and stable operation.

3. The supply and demand of sponge titanium market is out of balance, and the market continues to operate weakly.