(12.1-12.7) Titanium Weekly Review

Ilmenite

The market price of ilmenite has increased slightly this week, with a price increase of about 50 yuan per ton. up to now, the transaction price of 46jin10 ilmenite from small and medium-sized manufacturers is 2100-2150 yuan / ton, the price of 47jin20 ore is 2350-2480 yuan / ton, and the tax-free price of 38pai42 titanium ore is 1480-1500 yuan / ton. due to the reduction of raw material supply and the strengthening of recovery of titanium concentrate in Panzhihua Iron and Steel Co., the market supply of ilmenite is tight and the price has increased at the beginning of the week. Downstream cost pressure is high, the price of titanium ore is high, the market procurement is still more cautious, while the supply of titanium ore market is tight, the price will be stable in the short term.

The price of imported titanium ore market is still high and strong. Up to now, the price of Mozambican titanium ore is US $415 / ton, the market price of Australian titanium ore is US $390 / ton, and the price of Kenya 47-49 ore is not quoted temporarily; the downstream market is under great cost pressure, and the market is still cautious about purchasing high-price imported ore, and the market maintains rigid demand; the quotation of imported miners remains strong, the price of imported titanium raw materials is high, the enterprise cost is high, and the imported titanium ore market operates stably for the time being.

Titanium slag

The bidding price of high titanium slag in northern China rebounded upward this month, the bidding price increased by 110 yuan / ton compared with November, and the price of 90 low calcium and magnesium high slag in northern enterprises was 7800 yuan / ton. With the inventory consumption of slag plants, the spot supply in the market is tight, coupled with the high cost of raw materials, the prices of slag plants are mostly at a loss, and the market quotation for high slag is strong. It is reported that the bidding of northern enterprises is not full, the later stage or reserve plan, the market wait-and-see mood is strong, the price may be expected to rise again.

The price of acid slag market has been raised this week. So far, the factory price including tax in Sichuan is 5320 yuan / ton, and that in Yunnan is 4950-5000 yuan / ton. Recently, part of the price of raw material titanium ore has risen high, and the cost of acid slag has increased. Due to the new production capacity of titanium dioxide and sponge titanium downstream in Sichuan, the acid slag of Panzhihua Iron and Steel Company is temporarily for self-use, the market supply is reduced, and some slag plants in Yunnan have stopped production, the market supply is tight, and the new single quotation has been raised; the downstream cost is high, the new unit price of acid slag is under pressure, and the acid slag market is operating stably for the time being.

Titanium tetrachloride

Titanium tetrachloride market is weak and stable operation, at present, titanium tetrachloride market price is 6200-6600 yuan / ton, chlorine price is still high, titanium raw material price is up, titanium tetrachloride cost is high; downstream titanium dioxide and sponge titanium market is still weak, titanium tetrachloride market is still weak, enterprise export is not much, the price is weak and stable operation.

Titanium dioxide

The titanium dioxide market has remained stable this week. Up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 15400-16500 yuan / ton, and that of anatase titanium dioxide is 13800-14500 yuan / ton. With the resumption of maintenance enterprises, the market starts to improve; recently, the prices of raw materials titanium ore and sulfuric acid in southwest China have increased, the cost of titanium dioxide has increased, and the production cost of enterprises is high. The domestic demand market is weak, enterprises are under great pressure to ship goods, and the export market remains good this year. Although some recent export orders have been delayed, the overall export share of enterprises has increased this year; in addition, the foreign trade price of titanium dioxide sent by dragon enterprises this week has risen by US $100 / ton since January 1, 2024, and export orders may increase this month, and the titanium dioxide market will operate steadily.

Sulfuric acid

The sulphuric acid market has moved steadily this week. Up to now, the ex-factory price of 98% of the smelting acid in Shandong is 60-200 yuan / ton, that of Sichuan is 350-480 yuan / ton, and that of 98% of the smelting acid in Guangxi is 360-450 yuan / ton. this week, the production of China's sulphuric acid market is stable, the market supply is sufficient, and the shipping pressure of acid factories in some areas has increased. Downstream market rigid demand procurement, there is no significant increase in sulfuric acid demand for the time being, coupled with the by-product iron powder price is high, the acid plant profit level is good, the market start will remain high, sulfuric acid price is strong.

Sponge titanium

The market price of sponge titanium is weak and stable, and the market price of grade 1 sponge titanium is between 5.1yuan and 52000 yuan / ton. due to the increase of market supply and the great pressure of enterprise shipment, under the imbalance between supply and demand of sponge titanium market, the market competition pressure is great and the new unit price is under pressure. but the raw material cost is still high, and the sponge titanium price will operate steadily.

Future forecast:

1. The market supply is tight and the price is stable for the time being.

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

3. The supply and demand of sponge titanium is out of balance, and the price is weak and stable.