(2.23-2.29) Titanium Weekly Review

Ilmenite

This week, the titanium market is basically stable, and the quotations of individual small and medium-sized ilmenite have been raised slightly. Up to now, the transaction price of 46jin10 ilmenite from small and medium-sized manufacturers is 2250-2280 yuan / ton, the price of 47mine 20 is 2350-2480 yuan / ton, and the tax-free quotation of 38pai42 titanium ore is 1580-1620 yuan / ton. This week, market inquiries are still recovering one after another, and some miners have pre-holiday orders up to mid-March, and the transaction of new orders is relatively weak. Downstream titanium dioxide market prices increased, some market participants are more optimistic about next month's market, it is reported that the market price news, ilmenite quotation to maintain a strong operation.

The imported titanium ore market maintains stable operation. 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 mine is not quoted for the time being. The supply of high-quality titanium raw materials in China is still tight, and the price of titanium ore will remain high.

Titanium slag

The high slag market is weak, and the market price of 90% low calcium magnesium high titanium slag is 7900-8000 yuan / ton. due to the increase in the price of raw and auxiliary materials, the cost pressure of high slag enterprises is greater, and due to the release of new production capacity in the high slag market in the past two years, the market is relatively sufficient. The industry supply is in a state of surplus, and the bidding price of high slag in the north has weakened again in March, and the market has maintained a weak operation.

The market price of acid slag has remained strong this week. Up to now, the factory price including tax in Sichuan is 5620-5720 yuan / ton, and the factory price in Yunnan is 5200-5300 yuan / ton. The price of acid slag raw materials is high, the cost support is strong, and the market demand is stable. Spot supply is tight; due to the prospect of rising prices, some acid slag prices may be raised.

Titanium tetrachloride

The market price of titanium tetrachloride is temporarily stable, the market price of titanium tetrachloride is 6300-6500 yuan / ton, the work of some manufacturers is normal, and the market supply remains stable. At present, the prices of raw materials and auxiliary materials remain high, and the titanium tetrachloride market maintains stable operation.

Titanium dioxide

The market price of titanium dioxide remained high this week, and the price of titanium dioxide sent by Ningbo Xinfu and Komu was raised during the week. up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 16400-17500 yuan / ton. the tax-containing ex-factory price of anatase titanium dioxide is 15000-15500 yuan / ton. affected by the market price increase, titanium dioxide enterprises take more orders, orders are arranged basically until late March, manufacturers' inventory is low, and the new single quotation remains strong. The prices of raw materials ilmenite and sulfuric acid continue to rise, and the cost price increases; with the advent of the golden peak season in the market, downstream demand is expected to increase, enterprises have a strong mood to increase prices, and the titanium dioxide market will maintain a good operation.

Sulfuric acid

China's sulphuric acid market continued to rise this week. Up to now, 98% of smelting acid prices in Yunnan market are 460-530 yuan / ton, and 98% of smelting acid mainstream prices in Hunan are 190-290 yuan / ton. Affected by the recent continuous rise in sulfuric acid prices in most areas, the surrounding enterprises followed the upward adjustment during the week, and the acid enterprises shipped better. The downstream phosphate fertilizer market demand resumes, the chemical industry demand remains stable, the sulphuric acid market supply is tight, coupled with the restocking and maintenance plan of some major acid plants in some areas next month, with the expected reduction in supply, the sulphuric acid market price will continue to rise.

Sponge titanium

This week, the sponge titanium market is stable, the market price of grade 1 sponge titanium is between 5.1yuan and 53000 yuan / ton, the downstream market demand is stable, some orders of sponge titanium enterprises are in hand, and the market supply is in a relatively balanced state; the price of raw material magnesium ingots is reduced slightly, but the cost price of titanium raw material is still high, and the price of sponge titanium runs firmly.

Future forecast:

1. The supply of titanium ore is tight, and the price is expected to rise.

2. The inventory of titanium dioxide is low and the price is expected to run high.

3. The demand for titanium sponge is stable, and the price is expected to run firmly.