(12.29-1.04) Titanium Weekly Review

Ilmenite

The titanium market continues to rise slightly this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2150-2180 yuan / ton, the price of 47jingle 20 is 2350-2480 yuan / ton, and the tax-free quotation of 3842ilmenite is 1480-1500 yuan / ton. Due to the limited market supply, the spot of small and medium-sized ore is tight, the quotations of enterprises remain strong, and the supply of low-price goods in the market gradually decreases. In addition, near the end of the year, the stock of some enterprises has increased, but the price of titanium ore is high, enterprises are still more cautious in purchasing, and the price increase of titanium ore is limited.

The import market of titanium ore is 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 titanium in Kenya is not quoted for the time being; the new production capacity of titanium dioxide and sponge titanium is released in 2024, the spot supply of high-taste titanium raw materials in the market is still tight, the price of titanium ore is high, the procurement of downstream enterprises is still more cautious, and the titanium ore market is running firmly.

Titanium slag

The high slag market is strong, and the bidding price of northern enterprises has increased by 90 yuan / ton compared with the previous month; the price of high slag has risen slightly for two months in a row, but the raw materials are high, and it is still difficult for slag factories to balance profits and losses, and enterprise quotations remain strong.

The price of acid slag market has been raised this week. Up to now, the factory price including tax in Sichuan is 5320-5420 yuan / ton, and that in Yunnan is 5000-5100 yuan / ton. During the dry season in Yunnan, the electricity price has risen 1.5-1.7 times since January 1. The cost of acid slag has increased significantly, the production loss of enterprises, coupled with the shortage of spot in the market, and the new single price of acid slag is under pressure to the end of January.

Titanium tetrachloride

Titanium tetrachloride market consolidation operation, the current titanium tetrachloride market price is 6200-6600 yuan / ton, although the chlorine price has dropped, but the titanium raw material price has increased, the titanium tetrachloride cost is still high, and the out-of-market sales are limited, the price maintains stable operation.

Titanium dioxide

The price of titanium dioxide in dragon enterprises has been reduced by 500yuan / ton this week. up to now, the factory price of rutile titanium dioxide in China is 15200-16000 yuan / ton, and that of anatase titanium dioxide is 13400-14000 yuan / ton. After the price reduction of titanium dioxide by sulfuric acid process in Longbai Group at the beginning of Zhou Dynasty, the wait-and-see mood of the enterprise increased. In the early stage, the price of most manufacturers has been reduced by 300,500 yuan / ton to 15500-15800 yuan / ton, and the high price of dragon and enterprise has been reduced, and the high price of individual enterprises may follow. The inventory of titanium dioxide manufacturers is still low, and the spot market is tight. As the market stock ends, the market transaction atmosphere weakens, and the purchasing mostly maintains rigid demand. The cost of raw materials is still high, the cost support is strong, and the price adjustment of titanium dioxide is limited; in the later stage, the production capacity of sulfuric acid process and chlorination process is gradually released, the market supply will increase again, and the price of titanium dioxide is expected to run in shock.

Sulfuric acid

Sulphuric acid market prices have declined again this week. Up to now, 98% of smelting acid prices in Shandong are 40-120 yuan / ton, 98% of ore acid prices are 120-180 yuan / ton, and 98% of Anhui smelting acid prices are 130-180 yuan / ton. Recently, some prices in the sulphuric acid market have declined continuously, mainly due to the reduction and suspension of production in the downstream phosphate fertilizer and chemical industry, the reduction in sulfuric acid demand, the increase in the inventory of acid plants in some areas, the great pressure on enterprises to ship goods, and the reduction of new order prices in different ranges; coupled with the weakening of the export market, enterprises have reduced export orders, and sulfuric acid prices in coastal cities have also been reduced; although sulfur prices are high, sulfuric acid shipping pressure is also high, and the sulphuric acid market is stable and weak.

Sponge titanium

The market price of sponge titanium is temporarily stable, the market price of grade 1 sponge titanium is between 4.9yuan and 51000 yuan / ton, the downstream market is weak, there is some pressure on sponge titanium shipments, coupled with the release of new production capacity in the market and the increase in supply, enterprises are more cautious in purchasing. The price of sponge titanium is discussed one by one.

Future forecast:

1. The supply of ilmenite is tight and the price is firm.

2. the inventory of titanium dioxide is low and the price is stable.

3. The market of sponge titanium is under pressure, and the price is weak and stable.