(6.28-7.4) Titanium Weekly Review

Ilmenite

The market price of titanium ore is still strong this week. up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2180-2200 yuan / ton, the price of 47jade 20 ore is 2450-2550 yuan / ton, and the tax-free quotation of 38 titanium ore is 1550-1580 yuan / ton. the supply of medium ore continues to be tight, the price is high and upward, the cost pressure of concentrator continues to increase, and the low price of titanium concentrate increases slightly. While the downstream titanium dioxide market starts to decline, the titanium ore market transaction deadlock, but due to the impact of high costs, and market supply is tight, titanium ore will continue to run firmly.

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. There is not much supply of imported titanium ore in the country, and the market supply and demand is tight. Coupled with the high price of climbing, the price of imported titanium ore will continue to operate steadily.

Titanium slag

The market price of high titanium slag is weak. In July, the bidding price of 90% low calcium magnesium high titanium slag was 7600 yuan / ton, which was 200 yuan / ton lower than that of last month. 85% low calcium magnesium high titanium slag bid price was 6800 yuan / ton, which was 200 yuan / ton lower than last month. Due to the decline in market demand, the downstream part of the price continues to decline, high slag shipping pressure, a large decline in prices, the current raw material ilmenite price is still high, high titanium slag is on the edge of loss, the market starts low, the price will continue to run low.

The market price of acid slag is weak and stable. 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; the climbing price is high and the cost of acid slag is high, while the downstream market is weak. Acid slag shipment is under pressure, but the cost is supported, and the price is stable for the time being.

Titanium tetrachloride

Titanium tetrachloride market is stable, the current market price of titanium tetrachloride is 6300-6800 yuan / ton, the price of liquid chlorine is high, the price of titanium raw material is high and firm, the adjustment space of titanium tetrachloride is limited, the price of titanium tetrachloride downstream is low, and the price of titanium tetrachloride is weak to maintain stability.

Titanium dioxide

The titanium dioxide market is weak and stable this week; up to now, the factory price of rutile titanium dioxide in China is 14800-16200 yuan / ton, and that of anatase titanium dioxide is 13800-14200 yuan / ton. Dragon and enterprise news this week, the price of individual brands of chlorination method has been reduced by 500 yuan / ton, while the executive prices of other brands remain unchanged. Due to the high price of raw material ilmenite, the price of sulfuric acid has been continuously raised, and the production cost of titanium dioxide is under great pressure. The prices of some enterprises are at the edge of the cost line, and there is little room for decline in prices. Downstream, it is believed that there are stocks at the bottom, some enterprises have improved shipments, individual models have been tight, and individual enterprises have sealed orders. In the off-season of the market, some enterprises still have maintenance plans this month, and the market is still understarted; the price of titanium dioxide is low, coupled with high cost pressure, while the overall output of titanium dioxide has increased slightly this year, the pressure of market operation is still large, and the wait-and-see mood of the titanium dioxide market is strong. The transaction price is discussed one by one.

Sulfuric acid

This week, the domestic sulphuric acid market maintained an upward trend. up to now, 98% of the ore acid factory price in Sichuan is 600-650 yuan / ton, the smelting acid factory price is 530-680 yuan, and the Henan area 98% smelting acid factory transaction price is 130-230 yuan / ton. the southwestern region sulfuric acid still maintains the upward trend, the downstream market demand is strong, the sulphuric acid supply is tight, the price is stable and upward. This week, acid plants in some areas began to be overhauled, supply shrank, while downstream demand remained stable, and prices rose slightly; however, due to the high price of smelting acid, the start-up of own sulfur plant enterprises increased, and the price of sulphuric acid was narrowly adjusted this week; at present, the price of sulphuric acid market is high and the downstream cost pressure increases, but due to the influence of supply and demand, some prices may be expected to rise slightly again.

Sponge titanium

This week, the sponge titanium market is weak and stable. The transaction price of grade 1 sponge titanium is 4.95.0yuan / ton. The sponge titanium market is still at a high level, and the release of new capacity has also been maintained at full capacity. According to Tuduoduo data, the output of sponge titanium in the first half of the year was 125100 tons, an increase of 14.48% over the same period last year, and the output increased by about 15500 tons. Downstream demand is weak and stable, enterprise inventory has increased, the price of titanium sponge will maintain a weak and stable operation.

Future forecast:

1. The supply of titanium ore is tight and the market price is strong.

2. Cost support, supply decline, titanium dioxide market weak and stable.

3. The price of titanium sponge is low and the price will continue to be weak and stable.