(7.14-7.20) Titanium Weekly Review

Ilmenite

The market price of ilmenite has risen slightly this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2050-2100 yuan / ton, the price of 47jingle 20 is 2300-2350 yuan / ton, and the tax-free quotation of 38,42ilmenite is 1400-1500 yuan / ton. this week, the spot market of ilmenite is still tight, the price of medium ore goes up, the price of concentrate goes up, and the quotation of manufacturers is strong. Although the downstream titanium dioxide market price has risen slightly, but the enterprise cost pressure is big, the market stalemate, the titanium ore price may maintain the 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 of titanium ore in Australia is US $390 / ton, and the price of 47-49 ore in Kenya is not quoted for the time being. Recently, the price of Panzhihua ore continues to rise and the market procurement increases. Prices will continue to run firmly.

Titanium slag

The market of high titanium slag is weak and stable. This month, northern enterprises invited bids for 90 common slag high slag price 8150 yuan / ton, 90 low calcium magnesium high slag price 8600 yuan / ton, due to weak market demand, part of the price of high slag has lost money, the market price is low, some enterprises are underemployed, and the overall market inventory is not high. The downstream titanium dioxide market has picked up somewhat this week, but the market demand is still not good, and there is no market price.

Acid slag market prices maintain stability, so far, Sichuan area including tax factory price 4920 yuan / ton, Yunnan area including tax factory price 4500 yuan / ton; acid slag raw materials and other prices remain high, enterprise costs are high; downstream titanium dioxide market is weak, market demand is low, market operation is insufficient, short-term prices will continue to be weak and stable.

Titanium tetrachloride

Titanium tetrachloride market weak and stable operation, the current titanium tetrachloride market price of 6800-7000 yuan / ton, individual low market transaction price of 6500 yuan / ton; downstream market demand is weak, titanium tetrachloride shipment pressure, market transaction price is low; recently, raw materials and other prices upward, titanium tetrachloride enterprises cost pressure, underemployment, titanium tetrachloride market to maintain weak operation.

Titanium dioxide

The low price of titanium dioxide market rose slightly this week. So far, the factory price of rutile titanium dioxide in China is 14500-15400 yuan / ton, and that of anatase titanium dioxide is 12300-13000 yuan / ton. This year, China's economy is depressed, China's terminal demand recovers slowly, and the export market maintains well. according to customs data, China's titanium dioxide exports totaled 836200 tons from January to June 2023, an increase of 12% over the same period last year, which strongly supports the titanium dioxide market. Recently, the supply of some manufacturers has been tight, and more enterprises go out of inventory mainly due to the decline in factory start-up and the demand for stock by market dealers, and the low prices of some manufacturers have increased slightly. The prices of raw materials ilmenite and sulfuric acid continue to rise, the cost of titanium dioxide increases, the supply of goods at low prices in the market decreases, and the titanium dioxide market may gradually pick up in the third quarter.

Sulfuric acid

The sulphuric acid market atmosphere in China has warmed up this week. Up to now, 98% of the smelting acid prices in Hubei and 98% in Fujian are 100-180 / ton and 110-230 yuan / ton, respectively. Recently, the downstream phosphate fertilizer market demand has picked up, the shipments of sulphuric acid factories in some areas have improved, the market transaction atmosphere has rebounded, and the new sulfuric acid unit price has tentatively risen. Driven by the demand in Guizhou and Sichuan, the inventory of acid plants has declined and the market low price has gone up, but the overall terminal demand is still weak, the rising price of sulfuric acid is also under some pressure, and the sulfuric acid market is operating steadily in the short term.

Sponge titanium

Sponge titanium market price weak operation, grade 1 sponge titanium market transaction price of 68000 yuan / ton, some of the market transaction price is low, downstream civil products market demand is weak, sponge titanium enterprise shipping pressure, downstream market price pressure is strong, market price is weak, enterprises wait-and-see mood is strong, sponge titanium market continues to run weakly.

Future forecast:

1. The supply of titanium ore is tight and the price is high and firm.

2. Titanium dioxide market goes out of stock, and the low price rises slightly.

& nbsp; & nbsp;3, sponge titanium market inventory pressure, price weak operation.