(6.7-6.13) Titanium Weekly Review

Ilmenite

The Panzhihua mine market quotation is strong this week. Up to now, the transaction price of 46 jade 10 ilmenite from small and medium-sized manufacturers is 2150-2180 yuan / ton, the price of 47 miner 20 ore is 2450-2550 yuan / ton, and the tax-free quotation of 38442 ilmenite is 1500-1550 yuan / ton. Due to the reduction in the supply of upstream raw materials, the high position of medium ore, the great production pressure of small and medium-sized concentrators, and the supply of titanium concentrate in the market has also been reduced. This week, the price of titanium dioxide has been slightly raised to about 2200 yuan / ton, but the price of titanium dioxide downstream continues to weaken, and the cost pressure is still large. The transaction of the titanium ore market is more deadlocked, and later downstream start-up will decline, and the supply and demand of the titanium ore market will be weak, and prices will continue to be weak to maintain stable operation.

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 mine in Kenya is US $360 / tonne. The global demand for titanium raw materials is still strong, and the supply of imported high-quality titanium raw materials is in short supply. The overall supply of imported titanium ore in the first half of the year is still in tight balance, coupled with the sea freight prices continued last week, foreign offers are also strong and stable.

Titanium slag

The market price of high titanium slag remains weak and stable, the market price of 90% low calcium magnesium high titanium slag is 7800 yuan / ton, which is 50 yuan / ton lower than that of last month, the high slag market is in the doldrums, the market operating rate is low, the price of titanium raw materials is still high, and the production pressure of high slag enterprises is greater, but the downstream titanium dioxide market is stable and weak, the price is declining, and the high slag market is expected to continue to operate weakly.

The market price of acid slag is stable for the time being. up to now, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan is 5000-5100 yuan / ton. Titanium dioxide market price continues to decline, the market is weak, it is difficult to pick up in the short term, acid slag delivery pressure is greater, raw material prices are strong, acid slag prices will remain stable.

Titanium tetrachloride

The market price of titanium tetrachloride is stable, the current market price of titanium tetrachloride is 6300-6800 yuan / ton, the price fluctuation of liquid chlorine is weak this week, the price of titanium raw materials remains high, the cost price of enterprises is still high, and the price of titanium sponge is low downstream. Titanium tetrachloride price continues to be weak to maintain stable operation.

Titanium dioxide

The titanium dioxide market is weak and stable this week; up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 14800-16200 yuan / ton, and that of anatase titanium dioxide is 13800-14500 yuan / ton. After the prices of titanium dioxide enterprises have been reduced one after another, market prices have basically maintained stability this week, and individual enterprise prices have been adjusted slightly. The terminal demand is weak, the market signing is still weak, some manufacturers are affected by inventory pressure and power grid maintenance, titanium dioxide enterprise maintenance plans increase, market start-up will decline; the output of Panxi titanium concentrate is reduced, the price is strong and difficult to fall, and the costs of different enterprises are different, and some titanium dioxide enterprises have greater cost pressure. Recent export market orders are still good. At present, the EU anti-dumping duty rate has not been implemented yet, and the market attention is relatively high. According to market rumors, the tax rate is about 20-30%. During the off-season, the wait-and-see mood in the downstream market is strong, and some market participants continue to be bearish on the market. Titanium dioxide market will continue to be weak.

Sulfuric acid

The market demand for sulphuric acid in China is improving this week, with prices rising narrowly in some areas. up to now, 98% of smelting acid in Henan and 98% of smelting acid in Guizhou are trading at 60-130 yuan / ton and 300-360 yuan / ton. due to the increase in downstream phosphate fertilizer market demand, acid enterprises in most areas have increased hand-on-hand orders, market supply has been tight, and prices have risen. The titanium dioxide market is still weak, the price is declining, the production cost of enterprises is under great pressure, and the procurement is more cautious; at present, the overall supply and demand of the sulphuric acid market is basically balanced, and the acid price is temporarily stable, coupled with the maintenance plan of sulfuric acid plants in some areas in the later stage, enterprises go to the warehouse more, and the price of sulfuric acid may be expected to rise again.

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 51000 yuan / ton, the high price of the market is under great pressure, and the demand of military industry and civilian market has not increased for the time being. 3C electronic demand due to the increase in the utilization rate of mobile phone brands, driving titanium enterprises to improve their orders, but the supply of sponge titanium market is still sufficient, the enterprise inventory pressure is still large, and the price is temporarily stable.

Future forecast:

1. The supply of titanium ore is reduced, the downstream demand is weak, and the price is strong.

2. the market is off-season, the demand is still weak, and the titanium dioxide market is weak and stable.

3. Titanium sponge is in excess supply, and the price will continue to be weak and stable.