(4.26-5.09) Titanium Weekly Review

Ilmenite

The Panxi titanium mine market is stable and weak this week, and individual quotations for small and medium-sized mines continue to decline. Up to now, the transaction price of 46jin10 ilmenite from small and medium-sized manufacturers is 2200-2250 yuan / ton, the price of 47jin20 ilmenite is 2450-2550 yuan / ton, and the tax-free quotation of 38jin42 titanium ore is 1550-1580 yuan / ton. Some manufacturers in Panxi still stop production, and other early maintenance enterprises basically return to normal. Titanium dioxide price decline, concentrator shipping pressure, low willingness to purchase raw materials, the price of small and medium-sized mines is weak; titanium ore is high, downstream construction is declining and prices are lower, miners are under great shipping pressure, and prices will continue to be weak.

The market price of imported titanium ore is stable. so far, the price of titanium ore in Mozambique is US $370 / ton and the price of 47-49 ore in Kenya is US $360 / tonne. the price of titanium ore in China is high, the downstream market is high, and the demand for imported titanium ore is good. The spot supply of some imported titanium ores is still tight, and market prices continue to maintain stable operation.

Titanium slag

The high slag market is still weak, the market price of 90% low calcium magnesium high titanium slag is 7800-7900 yuan / ton, the bidding price of high slag in the north in May is slightly higher than that in April, the price of raw material ilmenite is high, and the production cost of high slag is under great pressure. Coupled with the increase in electricity prices in Liaoning in May, the production of slag plants is mostly at a loss, and the market price is under pressure; but the downstream price is weak, and the market price of high slag may continue to be weak.

The acid slag market has temporarily maintained stability this week. Up to now, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan including tax is 5300-5400 yuan / ton. Due to the influence of environmental protection, Sichuan slag plant stopped production, Longkun resumed part of the plant production this week; the downstream market is weak, the acid slag market is underemployed, and the market price is weak and stable.

Titanium tetrachloride

Titanium tetrachloride market continues to operate smoothly, the current market price of titanium tetrachloride is 6300-6800 yuan / ton, the market is understarted, the price of titanium tetrachloride is low, enterprises reduce production and stop production. Downstream shipping pressure, price weakness, market competition pressure, market prices will continue to be low.

Titanium dioxide

This week, the titanium dioxide market is still weak and weak. At the end of April, some enterprises continued to lower prices in May, and the market prices are also relatively chaotic. Up to now, the factory price of rutile titanium dioxide in China is 15600-16800 yuan / ton, and that of anatase titanium dioxide is 14800-15200 yuan / ton. due to weak demand, high inventory pressure and the influence of environmental protection, some enterprises have maintained production cuts in May, while others have begun maintenance in April, resulting in a reduction in titanium dioxide production. The cost of raw materials is still high, the enterprise cost pressure is high, there is also a certain support for the price of titanium dioxide, and the price reduction space is limited; the European Union, India, and Brazil have launched anti-dumping investigations against China (titanium dioxide), and the export price of titanium dioxide in China is under pressure. the market pays more attention to the export dynamics of dragon enterprises, the demand in China is low, and the price of titanium dioxide will continue to be weak.

Sulfuric acid

The price of sulphuric acid in China's sulphuric acid market has moved steadily this week. Up to now, 98% of smelting acid in Guangxi is priced at 430-500 yuan / ton, and 98% of smelting acid in Henan Province has a transaction price of 30-150 yuan / ton. Downstream phosphate fertilizer and titanium dioxide market starts to decline, sulfuric acid demand is weak, coupled with the continuous reduction of sulfuric acid prices in many places in the early stage, while the early maintenance acid plants basically resume production, and the sulphuric acid market price is low. This week, Yunnan acid prices rose slightly, surrounding sulfuric acid or into Yunnan, acid prices decreased or limited; downstream demand is weak, sulphuric acid prices are weak and stable.

Sponge titanium

This week, the price of sponge titanium market is chaotic, the first-grade sponge titanium legend market has 50,000 yuan / ton turnover, the supply of sponge titanium market continues to increase, the downstream market demand is weak, the market supply and demand is out of balance, and the price of sponge titanium is low. It is expected that the price of sponge titanium will remain weak and stable next week.

Future forecast:

1. Downstream demand is weak, and some prices will continue to be weak.

2. The market demand is weak and the price of titanium dioxide continues to be weak.

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