(1.05-1.11) Titanium Weekly Review

Ilmenite

The market for titanium ore is basically stable this week. Up to now, the transaction price of 46 miner 10 ilmenite from small and medium-sized manufacturers is 2150-2180 yuan / ton, the price of 47 miner 20 ore is 2350-2480 yuan / ton, and the tax-free quotation of 38,442 ilmenite is 1550-1580 yuan / ton. This week, the operation of the titanium ore market is relatively stable, affected by the previous outgoing raw materials, the spot supply of low-phosphorus titanium concentrate in the market is tight, the quotations of small and medium-sized manufacturers are firm, and the market supply and demand of high-phosphorus titanium concentrate is basically balanced. Prices are also temporarily stable; 20 mine shipments are still good, 10 mine market prices are stable, titanium ore market changes little, titanium ore prices are high, affected by downstream costs, the titanium ore market is expected to operate steadily.

The market for imported titanium ore has been stable for the time being. 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 for the time being; the market price of imported titanium ore remains stable. The mainstream imported titanium ore has not arrived in Hong Kong recently, and the market quotation is stable. Downstream capacity release, imported titanium demand is still strong, but downstream costs are high, enterprise preparation pressure is also large, high price operation.

Titanium slag

The high titanium slag market is running steadily this week, with the market price of 90% low calcium magnesium high titanium slag at 7900-8000 yuan / ton. with the recovery of the high slag market, individual enterprises in the northern region have the intention to resume production, but at present, the price of high slag is still difficult to balance profits and losses. some production reduction enterprises still control production, market supply is limited, and prices remain stable for the time being.

The acid slag market is stable 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. Due to the influence of the dry season in Yunnan, the cost of acid slag increases, coupled with the tight spot market, the price quotation of acid slag is firm; the spot supply of acid slag in Sichuan is also tight, and the price is stable.

Titanium tetrachloride

The market price of titanium tetrachloride is stable. At present, the market price of titanium tetrachloride is 6200-6600 yuan / ton. The external sales volume of titanium tetrachloride in the south has increased. Due to the increase in the cost of raw materials, the price of titanium tetrachloride in the south has increased by 100 yuan / ton. The price of titanium tetrachloride in the northern region remains stable, the market supply and demand is basically balanced, and the market continues to operate smoothly.

Titanium dioxide

The quotation of individual titanium dioxide has been slightly raised this week, with an increase of 100,200yuan / ton. so far, the tax-containing ex-factory price of rutile titanium dioxide in China is 15200-16000 yuan / ton, and that of anatase titanium dioxide is 13600-14000 yuan / ton. at present, titanium dioxide enterprises still have some orders on hand, and there is no pressure on manufacturers' inventory. Towards the end of the year, and affected by the weather and power constraints, some production enterprises began to gradually stop production and overhaul. according to Tu many incomplete statistics, there are about 14 enterprises in the market for maintenance, and the supply of titanium dioxide in the market is reduced. The supply of some models in large factories is also tight, and the price of titanium dioxide is strong. Foreign trade market Middle East, European countries due to the impact of the Red Sea incident, titanium dioxide export costs increased, and delivery is limited, the later demand for titanium dioxide may be affected; titanium dioxide market supply is relatively tight, this week's low market price of 200 yuan / ton rose, but the domestic demand downstream market is still weak, enterprises wait-and-see mood is strong, titanium dioxide market will also maintain stable operation.

Sulfuric acid

The sulphuric acid market is running weakly and steadily this week. Up to now, 98% of the smelting acid prices in Sichuan and Shandong are 300-500 yuan / ton and 10-95 yuan / ton, respectively. Recently, sulfuric acid in southwest China is affected by air pollution. Coupled with the weakening of downstream industries, although the production of some acid plants and downstream enterprises is limited, the supply and demand of sulphuric acid market is weak, sulfuric acid inventory is increasing, and prices are weak. The sulphuric acid demand in the northern region is also synchronously weak, under the high start-up of sulfuric acid, there is an imbalance between market supply and demand, there is some pressure on enterprise shipments, and the new unit price is mainly reduced slightly; at present, the overall sulfuric acid market is weak, the market is more negative, and acid enterprises are under pressure. the price is mainly adjusted in a narrow range.

Sponge titanium

Sponge titanium market price operation is temporarily stable, level 1 sponge titanium market price in 49-51000 yuan / ton, near the end of the year, some downstream enterprises new orders have followed up, sponge titanium manufacturers have gone to the warehouse, but the market new capacity gradually released, market procurement is still more cautious, coupled with the cost price is still high, the price of sponge titanium is difficult to rise and fall in the short term, the market is weak and stable operation.

Future forecast:

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

2. the supply of titanium dioxide in the market is reduced, and the price is stable for the time being.

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