Ilmenite
The market price of titanium ore is firm and stable in August. Up to now, the tax-free quotation of Panxi Dachang 47Ling 20 ilmenite is 2350-2500 yuan / ton, the tax-free transaction price of 46jin10 ilmenite is 2230-2260 yuan / ton, and the tax-free quotation of 38 titanium ore is 1620-1650 yuan / ton. The raw ore supply in Panxi region is in a state of shrinking, the market raw materials are tight, the cost pressure of titanium ore is high, the operating rate of water separation plants is low, the market inventory is low, and the quotations of small and medium-sized miners are strong. The price of titanium concentrate is high, the production pressure of titanium dioxide downstream is great, and the market is deadlocked, but due to the high start-up of the downstream market, the demand for titanium ore is still relatively stable, the game between supply and demand is obvious, the market wait-and-see mood is strong, and the market price of titanium ore may continue to maintain stable operation.
The imported titanium ore market remains stable for the time being, and the price of the outer disk market is still strong; the price of Mozambican titanium ore is at US $370 / ton and the price of Kenya 47-49 ore is at US $360 / tonne; the downstream market is in the doldrums, the supply of imported titanium ore is reduced, and the price of titanium raw materials in the international market is high. Imported titanium ore is running firmly, and downstream enterprises are under great cost pressure. Affected by supply, prices will continue to run firmly.
Titanium slag
The acid slag market in August is basically stable, 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 climbing price of raw materials is high, the production cost of acid slag is high, while the downstream titanium dioxide market is in the doldrums, market price pressure is strong, acid slag enterprises are under pressure, and the market price will be weak and stable.
The price of high titanium slag is stable and weak in August, the bidding price in August is 210 yuan / ton lower than that in July, and the price of 90 low calcium and magnesium high slag is 7390 yuan / ton. Titanium slag is in excess supply, market competition pressure is greater, market price is lower, and raw material cost is higher. Enterprise production prices have been at a loss, the start-up of high titanium slag has also declined at the beginning of the month, and the market is weak and stable.
Titanium tetrachloride
This month, the titanium tetrachloride market is basically stable, the current market price is 6200-6500 yuan / ton, the market price of sponge titanium continues to decline, the demand for purchased titanium tetrachloride decreases, and the price of raw material liquid chlorine fluctuates greatly, and the price falls to a low level. the start-up of titanium tetrachloride has declined, the market supply and demand has decreased, and the price is expected to continue to maintain stable operation in the later stage.
Titanium dioxide
The titanium dioxide market is weak and strong in August. Up to now, the factory price of rutile titanium dioxide in China is 14800-15600 yuan / ton, and that of anatase titanium dioxide is 13800-14200 yuan / ton. Affected by the economic environment, the demand in the end market is weak, and the enterprise shipping pressure is greater. At the beginning of the month, enterprises take orders less than in July, and the prices of some enterprises are reduced by 100,200 yuan / ton. The price of raw material ilmenite remains high, and the price of sulfuric acid has fallen in some areas, among which the acid price in Yunnan has dropped to 200-300 yuan / ton, and some of the surrounding acid prices have also fallen, and the cost pressure of titanium dioxide enterprises in southwest China has been alleviated; with the early maintenance enterprises resuming production one after another, the market starts up this month, and the supply is more abundant. China's titanium dioxide exports have maintained steady growth. although titanium dioxide exports decreased by 9.49% month-on-month in July, the cumulative export volume of titanium dioxide increased by 16.47% from January to July 2024 compared with the same period last year, and with the gradual release of the production capacity of some enterprises, the export market will still improve. With the advent of the Golden Nine peak season, Chinese demand may increase slightly, some traders and terminals have stocks in the third quarter, but they are relatively scattered, the overall shipments of enterprises are not concentrated, the inventory of some manufacturers is still under pressure, and the downstream market demand has not improved. Titanium dioxide prices rise under pressure, more than a single discussion.
Sponge titanium
This month, the sponge titanium market continues to decline, the mainstream price of first-class sponge titanium is about 440-45000 yuan / ton, the low transaction price is gradually downward, the downstream market is weak, the demand for sponge titanium is low, and the military market demand is relatively stable. Civil market demand weakens, enterprise procurement decreases, while the sponge titanium market starts high, the enterprise shipping pressure is great, the inventory increases pressure, the new order price falls to the low level. The cost of raw materials is high, the price of magnesium ingots rebounds at the end of the month, the pressure on the production of sponge titanium increases, the market price has lost money, the industry is in the doldrums, the market of sponge titanium is weak and difficult to change, and the price may maintain weak and stable operation.
Market forecast for September:
1. The supply and demand of titanium ore will maintain a tight balance, and the price will operate steadily.
2. The market demand for titanium dioxide is weak, and the price will continue to run firmly.
3. The stock pressure of sponge titanium market is great, and the price continues to run weakly and stably.
