(11.17-11.23) Titanium Weekly Review

Ilmenite

The ilmenite market is stable this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2050-2080 yuan / ton, the price of 47jing20 ilmenite is 2350-2480 yuan / ton, and the tax-free quotation of 38pai42 ilmenite is 1460-1480 yuan / ton. Due to the reduction of the supply of titanium concentrate, the price of ilmenite is temporarily stable. Yunnan mines are affected by power cuts, mine technical reform, supply reduction. Recently, the stability of the titanium market has been maintained. This month, large factories are still understarted, the supply of goods in the market is reduced, the wait-and-see mood in the downstream market is strong, and there is some pressure on high prices to take orders, and titanium prices are expected to maintain stable operation.

The market price of 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; recently, the price of imported ore has remained stable and there is great cost pressure in the downstream market. Enterprises are also under pressure to purchase at high prices, and there is a strong wait-and-see mood in the market.

Titanium slag

The market price of high titanium slag is stable for the time being. the bidding price of high titanium slag this month is 100 yuan / ton lower than that of last month, and the price of 90 low calcium and magnesium high slag in northern enterprises is 7690 yuan / ton. at present, the operating rate of slag plants in Liaoning is relatively low, individual slag plants in Inner Mongolia have been shut down, and there is not much spot supply of high slag in the north. Downstream enterprises are mostly wait-and-see, the current raw material ilmenite prices are still high, high slag prices low enterprise losses, the overall market start-up is low, high slag prices will continue to be weak and stable operation.

The acid slag market has maintained stable operation. 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 stable, and the market price of acid slag is expected to run firmly.

Titanium tetrachloride

Titanium tetrachloride market operates steadily, the current titanium tetrachloride market price is 6200-6600 yuan / ton, the recent chlorine price upward, titanium raw material price temporarily stable, the overall cost of titanium tetrachloride is still high, the market supply is not much, the price is temporarily stable.

Titanium dioxide

Titanium dioxide has been running weakly and steadily this week. Up to now, the factory price of rutile titanium dioxide in China is 15400-17000 yuan / ton, and that of anatase titanium dioxide is 14000-14500 yuan / ton. Due to the influence of power and gas restrictions in the park, some factories in Panxi have stopped production and market starts have declined; downstream market demand is weak, titanium dioxide market shipments are under pressure, high-price transaction pressure is high, and part of the market transaction price is stable and downward. Market off-season, market participants are mostly bearish on the future, it is reported that dragon and enterprise major customer prices have also declined, the market is weak operation, titanium dioxide price is discussed one by one.

Sulfuric acid

The sulphuric acid market is mixed this week. Up to now, 98% of smelting acid prices in Fujian are 170-290 yuan / ton, and 98% in Yunnan are 450-490 yuan. Recently, supported by winter storage demand in the downstream phosphate fertilizer market, acid plants move smoothly, manufacturers are in low inventory, acid prices in some areas are up; at present, acid plants in some parts of China have reduced production, supply is tight in some parts of the market, and the sulphuric acid market is running well. However, there is still uncertainty in market demand next month, enterprises are still more cautious in hoarding goods, maintain rigid demand, and sulfuric acid prices remain stable in the short term.

Sponge titanium

This week, Yunnan GuoTi sent a letter to raise the price of sponge titanium, the first-grade sponge titanium market quotation is at 55000 yuan / ton, affected by the market, and the cost price is still high, individual sponge titanium price increases, the market price is still strong.

Future forecast:

1. The market supply has shrunk and the price of ilmenite has remained stable.

2. The domestic demand of titanium dioxide is weak, and the market is weak and stable.

3. The cost of titanium sponge is high, and the market price is firm.