(11.3-11.9) Titanium Weekly Review

Ilmenite

The ilmenite market maintains a weak operation. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2080-2160 yuan / ton, the price of 47jing20 ilmenite is 2350-2480 yuan / ton, and the tax-free quoted price of 38pai42 titanium ore is 1460-1480 yuan / ton. Due to the high iron ore price, the operation of the water concentrator is high, the supply of intermediate ore is sufficient, and the market price is adjusted. The price of titanium dioxide in the downstream market has dropped, the price pressure in the titanium ore market is strong, the low price of Panxi titanium mine is stable and weak, and with the suspension of production of titanium dioxide plant this month, the price of titanium ore may continue to be weak.

The market for imported titanium ore is temporarily stable. 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 temporarily; the operation of the downstream market is weak and the resistance to high-price titanium ore is strong, the market transaction is weak, and the market is more wait-and-see; the supply of titanium chloride raw materials is still tight, and the price is firm.

Titanium slag

The market price of high titanium slag is weak and stable, the tender price of this month is 100 yuan / ton lower than that of last month, and the price of 90 low calcium and magnesium high slag of northern enterprises is 7690 yuan / ton; the raw material titanium ore remains high, the enterprise cost pressure is great, the downstream market demand is weak, the high slag market starts low, the price is mostly in the loss, the high slag price drop space is limited.

The acid slag market is running smoothly. Up to now, the factory price including tax in Sichuan is 5320 yuan / ton, and that in Yunnan is 4900 yuan / ton; the climbing price of raw materials is still high, the cost pressure of acid slag is great, and the start-up of the downstream market is declining. The market price of acid slag is expected to run firmly.

Titanium tetrachloride

Titanium tetrachloride market price is chaotic, the current titanium tetrachloride market price is 6200-6600 yuan / ton, chlorine price is high, high slag price is low, titanium tetrachloride cost price is still high; downstream sponge titanium, pearlescent pigment industry demand is weak, titanium tetrachloride demand is not good, market start is low, high transaction pressure, market weak and stable operation.

Titanium dioxide

The price index of titanium dioxide continued to decline this week. Up to now, the tax-containing factory price of rutile titanium dioxide in China is 15800-17300 yuan / ton, and that of anatase titanium dioxide is 14700-15000 yuan / ton. In the off-season, titanium dioxide enterprises have great shipping pressure, market price competition pressure is great, titanium dioxide low price will be adjusted back again. With the end of the previous order, the inventory of individual manufacturers has increased, and the downstream market is in the doldrums. This week, individual manufacturers in the southwest region began to gradually stop production, and the market supply decreased slightly; but the new production capacity in the market was released one after another, and the consumption pressure of domestic demand was greater. The market is mostly bearish on the future, and the prices of manufacturers will be adjusted in the later period. Titanium dioxide prices will be discussed one by one.

Sulfuric acid

The sulphuric acid market has moved steadily this week. Up to now, 98% of smelting acid in Henan and 98% of smelting acid in Shandong are trading at 50-150 yuan / ton and 80-180 yuan / ton, respectively. Recently, due to the overhaul of acid plants in some parts of China, manufacturers have removed more inventory, and under the influence of the recovery of downstream phosphate fertilizer demand, the new single price of acid enterprises has increased slightly. The overall supply and demand of the sulphuric acid market remains balanced, and the supply in some parts of the market is still tight. It is expected that the sulphuric acid market as a whole will remain stable in the short term, and transaction prices in some areas are expected to rise again.

Sponge titanium

Sponge titanium market weak and stable operation this week, level 1 sponge titanium market quotation at 55000 yuan / ton, sponge titanium market new production capacity release, market supply gradually increased, downstream market demand is weak, new order shipment pressure, high market price transaction is difficult, manufacturers inventory pressure is not great, market prices remain stable.

Future forecast:

1. The market supply is sufficient and the price of titanium ore is weak.

2. The demand for titanium dioxide is not good, and the market price is weak.

3. The stock pressure of sponge titanium is not big, and the market price remains stable.