(5.10-5.16) Titanium Weekly Review

Ilmenite

The ilmenite market is running weakly and steadily this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2180-2230 yuan / ton, the price of 47jing20 ilmenite is 2450-2550 yuan / ton, and the tax-free price of 38pai42 titanium ore is 1550-1580 yuan / tonne. This week, the inquiry in the ilmenite market is stable, some miners are on hand, and the market quotation is strong. As the price of titanium dioxide continues to decline, the market price pressure is strong, but the downstream titanium dioxide market starts at a high level, the demand for titanium ore is stable, and the high price of titanium ore will operate steadily.

The market for imported titanium ore is strong. So far, the price of titanium ore is US $370 / ton in Mozambique and US $360 / ton in Kenya. The price of titanium ore in China is high, the downstream market is high, and the demand for imported titanium ore is good. In addition, the supply of African ore is reduced, the spot supply of some imported titanium ore is tight, and the market price of imported titanium ore continues to be stable.

Titanium slag

The market price of high slag is weak and stable, the market price of 90% low calcium magnesium high titanium slag is 7800-7900 yuan / ton, the bidding price of high slag in May is slightly higher than that in April; the market operation rate of high slag is still low, and the shipping pressure of high slag is high, while the price of titanium ore remains high, and it is difficult for high slag to decline significantly.

The acid slag market is stable this week. Up to now, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan is 5300-5400 yuan / ton; due to the influence of environmental protection, the start-up of Sichuan slag plant is still insufficient; the price of titanium ore is high, and the production cost pressure of acid slag is great, coupled with the decline of titanium dioxide price, the acid slag market is under pressure.

Titanium tetrachloride

Titanium tetrachloride market is weak and stable operation, at present, titanium tetrachloride market price is 6300-6800 yuan / ton, downstream sponge titanium price is low, downstream market demand is weak, titanium tetrachloride market is understarted, raw materials and other costs are high, titanium tetrachloride cost pressure is great, the price is close to the cost line, titanium tetrachloride price is difficult to rise and fall, the price will continue to maintain weak and stable operation.

Titanium dioxide

This week, the titanium dioxide market is still weak, there are individual low prices in the market, market prices are chaotic. Up to now, the factory price of rutile titanium dioxide in China is 15400-16800 yuan / ton, and that of anatase titanium dioxide is 14500-15200 yuan / ton. the price of the meeting between dragon and enterprises this week remained stable, the export price was discussed one by one, and the mainstream market price remained stable for the time being; the market off-season, the downstream demand was weak, the enterprise shipping pressure was great, and some enterprises appeared low price. At present, the operating rate of titanium dioxide market remains high, the prices of raw material ilmenite and sulfuric acid are weak, the cost pressure of titanium dioxide is alleviated, and the new production capacity in the market is gradually released, and the market supply will increase; the supply of titanium raw materials is still tight. Titanium dioxide enterprise costs are still high, market demand is weak, the market will maintain a single discussion.

Sulfuric acid

China's sulphuric acid market is running weakly this week. Up to now, 98% of smelting acid prices in Shandong, Sichuan and Henan provinces are 30-280 yuan / ton, 420-520 yuan / ton and 30-130 yuan / ton, respectively. Due to the demand differentiation of sulfuric acid market, the demand for phosphate fertilizer in some areas has picked up, while titanium dioxide market is weak and acid enterprises are under great pressure to ship goods. At present, most of the main acid plants in Liaoning and other areas are overhauled, and with the reduction in supply, the demand for sulfuric acid remains strong; this week, the price of sulfuric acid fluctuates in a narrow range, the market wait-and-see mood is strong, the sulfuric acid market is relatively deadlocked, and prices are expected to remain weak and stable in the short term.

Sponge titanium

This week, the sponge titanium market temporarily maintained stability, the transaction price of grade 1 sponge titanium is 5-52000 yuan / ton, the output of sponge titanium continues to increase, the growth rate of downstream market demand is slower than that of supply, and the price of downstream titanium products is low, market price pressure is strong, sponge titanium price is low; titanium raw material supply is tight and the price is high, enterprise production cost pressure is great, the price is expected to maintain weak and stable operation.

Future forecast:

1. The price of titanium ore is high, the downstream demand is weak, and the price will be weak to maintain stability.

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.