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(5.17-5.23) Titanium Weekly Review

9,701
May 23, 2024, 5:37 PM

Ilmenite

The ilmenite market is weak and stable this week. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is about 2180 yuan / ton, the price of 47jie 20 ore is 2450-2550 yuan / ton, and the tax-free quotation of 38,442 titanium ore is 1550-1580 yuan / ton. Panxi titanium mine construction is basically stable, Yunnan inspection group environmental protection inspection, mine construction is still insufficient, downstream titanium dioxide prices continue to decline, enterprise cost pressure, poor willingness to accept, high-price titanium ore price pressure is strong, the current market is more wait-and-see.

The market price of imported titanium ore is stable. so far, the price of titanium ore in Mozambique is US $370 / ton and that of 47-49 ore in Kenya is US $360 / tonne. the supply of titanium raw materials is still tight, the supply of imported titanium ore from China is insufficient, and the prices of foreign investors are strong. Downstream demand is weak, and new orders are also under pressure. the price of imported titanium ore is expected to operate temporarily in the later stage.

Titanium slag

The high slag market remains weak and stable, the market price of 90% low calcium magnesium high titanium slag is 7800-7900 yuan / ton, and the bidding price of high slag in May is slightly higher than that in April; the price of downstream products has declined, the enterprise cost is under pressure, and the market of high slag is under pressure. however, the price of titanium ore remains high, and it is difficult for high slag to decline significantly.

The acid slag market is weak and stable, so far, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan is 5300-5400 yuan / ton; the titanium dioxide market is weak, the enterprise shipping pressure is large, and the titanium dioxide market is difficult to pick up in the short term. Prices will continue to operate weakly and stably.

Titanium tetrachloride

Titanium tetrachloride market is under pressure, the current titanium tetrachloride market price is 6300-6800 yuan / ton, the downstream sponge titanium price is low, titanium tetrachloride market is weak, the price remains at the cost line, titanium raw materials are still high, titanium tetrachloride prices are strong.

Titanium dioxide

This week, the market price of titanium dioxide is still weak, and the market price is 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 14200-15000 yuan / ton; the price of raw titanium ore and sulfuric acid is weak and downward, and the cost pressure of titanium dioxide is alleviated; the market is weak and the competitive pressure of enterprises is great. This week, individual prices in Shandong, Sichuan and other regions have been reduced within a narrow range, and the market is pessimistic. This week, individual enterprises in Anhui and Shandong reduced production for 3-5 days, the market impact is small, titanium dioxide start-up is still high; market exports are still good, but exports to some countries are limited, the overall foreign market demand is still strong; raw material titanium ore prices are still high, and the inventory pressure of some manufacturers increased, in the later stage, some small and medium-sized manufacturers or storage maintenance plans, the market price is more than a single discussion.

Sulfuric acid

This week, China's sulphuric acid market moves steadily and the market demand is divided. up to now, 98% of smelting acid prices in Liaoning are 260-450 yuan / ton, and 98% of smelting acid prices in Guangxi are 370-480 yuan / ton. China's sulphuric acid production is relatively stable, some early maintenance enterprises resume production, sulfuric acid supply is adequate The downstream phosphate fertilizer market maintains a rigid demand, but with the weakening of the titanium dioxide market, the market procurement demand weakens, the enterprise shipping pressure is great, and the high price in the market is difficult to make a deal; at present, the production and marketing of sulfuric acid market maintains a weak balance, and the price is expected to run in shock.

Sponge titanium

This week, the market price of sponge titanium is weak and stable, the transaction price of grade 1 sponge titanium is between 5.0 yuan and 52000 yuan / ton, the sponge titanium market starts at a high level, the market supply and demand maintains a weak balance, the enterprise shipping pressure is great, the titanium raw material price is high, the sponge titanium cost pressure is still high, and the price is expected to maintain weak and stable operation.

Future forecast:

1. The downstream price is weak, the cost pressure is great, and the price of ilmenite is weak and stable.

2. the overall market demand is still weak, and the price of titanium dioxide continues to be weak.

3. The supply and demand of sponge titanium is in weak balance, and the price will maintain weak and stable operation.