(7.5-7.11) Titanium Weekly Review

Ilmenite

This week, due to tight supply, prices are firm and upward in the titanium ore market. Up to now, the transaction price of 46 miner 10 ilmenite from small and medium-sized manufacturers is 2200-2220 yuan / ton, the price of 47-mine20 ilmenite is 2450-2550 yuan / ton, and the tax-free quotation of 38 titanium ore is 1570-1580 yuan / ton. Panxi China Mine continues to be in tight supply, the price is high up, the cost pressure of the concentrator continues to be high, the price is under pressure, due to cost, the market is underutilized, and the supply of concentrate is limited. Due to the influence of environmental protection inspection in Chengde area, the concentrator has basically stopped production, the supply of goods has been reduced, and the price has risen slightly; the downstream titanium dioxide market is stable, but the cost is high, the enterprise procurement is also more cautious, the trading volume of the titanium ore market is less, and the market is deadlocked. Titanium ore prices are expected to continue to operate firmly.

The market price of imported titanium ore is still strong. Up to now, 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 climbing ore is high and firm, and the price of sea freight is still on the high side. In addition, the supply of titanium raw materials is still tight. The price of imported titanium ore is stable for the time being, but the downstream market is weak and the market transaction is weak. Due to the supply relationship, the market price of imported titanium ore continues to maintain stable operation.

Titanium slag

The high titanium slag market is weak and stable. 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 the previous month, and 85% low calcium magnesium high titanium slag bid price was 6800 yuan / ton, which was 200 yuan / ton lower than that of the previous month. The high slag market remains weak, and the output of some slag plants in Liaoning is further reduced, the market price is low, but the raw material cost is still high, the production pressure of the slag plant is high, the downstream market is weak, and the operation of high titanium slag is weak.

The acid slag market maintains stable operation, so far, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan is 5000-5100 yuan / ton; the supply of raw materials is reduced, the price is high and firm, and the demand for acid slag is basically stable. Prices will operate steadily.

Titanium tetrachloride

Titanium tetrachloride market temporarily maintained stability, the current titanium tetrachloride market price of 6300-6800 yuan / ton, liquid chlorine price dropped sharply this week, titanium tetrachloride cost pressure relieved, the downstream market continues to be weak, titanium tetrachloride price pressure, market price remains weak and stable.

Titanium dioxide

The titanium dioxide market has temporarily stabilized 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 13800-14200 yuan / ton. Recently, the titanium dioxide market has taken a turn for the better, the number of orders on hand has increased, and the manufacturers have digested more inventory. The price of raw materials is high up, the price of titanium ore has risen due to tight supply, the price of sulfuric acid in Sichuan has risen to more than 800 yuan / ton, and the cost of titanium dioxide continues to increase. The overall titanium dioxide market has stabilized this week. The transaction price of individual enterprises has been raised in the range of 100-300 yuan / ton; this month, the equipment of individual manufacturers in central China and Shandong has been overhauled, the market starts to decline, and early maintenance enterprises resume production, and the output is expected to pick up slightly in July. However, the terminal market demand is still weak, and the export market is still under pressure, the short-term titanium dioxide price rising pressure, the market is expected to maintain stable operation.

Sulfuric acid

The domestic sulphuric acid market has moved steadily this week, and prices in some regions have continued to rise. 98% of smelting acid prices in Sichuan are 580-860 yuan / ton, 98% of ore acid prices are 700-900 yuan / ton, and 98% of smelting acid prices in Hunan are 265-390 yuan / ton. This week, due to the strong demand from downstream phosphate fertilizer and new energy industries, acid enterprises in some areas have better shipments, acid factory inventory is low, coupled with high costs, acid prices have risen continuously, including a large increase in Sichuan, the high price has risen by more than 100 yuan / ton; at present, the domestic acid price gap is gradually widening, acid plants have more orders on hand, and the market maintains a high level of operation.

Sponge titanium

This week, the sponge titanium market is still weak, the transaction price of grade 1 sponge titanium is 4.9-5.0 yuan / ton, the start of the sponge titanium market is still high, the relationship between market supply and demand is out of balance, the inventory pressure of sponge titanium enterprises is increasing, and it is difficult to improve the market in the short term. downstream wait-and-see mood is strong, sponge titanium market may continue to run weakly.

Future forecast:

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

2. Titanium dioxide market goes out of stock, the cost increases, and the market maintains stability.

3. The inventory pressure of sponge titanium is high, and the price maintains weak operation.