(9.13-9.19) Titanium Weekly Review

Ilmenite

The market price of titanium ore has been stable this week. up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2200-2230 yuan / ton, the price of 47jade 20 is 2400-2500 yuan / ton, and the tax-free quotation of 38 titanium ore is 1570-1620 yuan / ton. the start-up of titanium ore market is still low, the overall supply of the market is tight, and the cost of raw materials is high. The downstream titanium dioxide market remains in the doldrums, the enterprise cost pressure is great, the procurement is still more cautious, the market price pressure is strong, due to the weak market inquiry, the new order follow-up is not good, and it is expected that the titanium ore price will still be weak in the later stage, but the price decline is relatively limited.

The price of imported titanium ore has maintained stable operation for the time being. 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 downstream market is weak, enterprises are underemployed, and the market orders are more cautious. Although individual imported titanium ore prices have been adjusted slightly, affected by the overall supply of titanium raw materials, the overall price is still high, and the imported titanium ore market is expected to remain stable.

Titanium slag

The market of high titanium slag is weak and stable this week, the northern enterprises do not invite bids temporarily this month, the operation of the downstream market is weak, the price falls, the demand for high titanium slag decreases, coupled with the impact of the price of titanium-rich materials, the price of high titanium slag is weak and downward; the raw material titanium slag is high, the cost pressure of titanium slag is high, the market is low, the relationship between supply and demand is still out of balance, and the price is expected to be weak in the later stage.

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 4800 yuan / ton; the downstream market is in the doldrums, the acid slag shipment pressure is great, the market starts to decline, and the price remains weak and stable.

Titanium tetrachloride

This week, titanium tetrachloride market maintained stable operation, the current titanium tetrachloride market price is 6000-6400 yuan / ton, some areas have low price transactions, downstream sponge titanium market production decline, price weakness, titanium tetrachloride shipments also have some pressure, but affected by raw materials and other costs, the market price is temporarily stable.

Titanium dioxide

The titanium dioxide market is still under pressure this week. Up to now, the factory price of rutile titanium dioxide in China is 14600-15600 yuan / ton, and that of anatase titanium dioxide is 13600-14000 yuan / ton. With the decrease of on-hand orders, the pressure of new orders in October is huge, the downstream purchasing is still cautious, the inventory of some manufacturers gradually increases, the production and marketing is out of balance, and the price of individual new orders in the market is reduced by 50-100 yuan / ton; the start-up of titanium dioxide enterprises this month is high, and market start-up is expected to increase compared with August, and the overall export of some manufacturers remains good. Coupled with the impact of raw material costs, titanium dioxide prices are stable for the time being. However, this year's peak season demand is lower than expected, terminal demand is depressed, titanium dioxide market participants are more bearish on the future, the market wait-and-see mood is still strong, affected by supply and demand, titanium dioxide prices are expected to be weak in the later period.

Sulfuric acid

This week, China's sulphuric acid market is weak and stable, and the shipping pressure is still large, with prices falling narrowly in some areas. up to now, 98% of smelting acid in Sichuan is 450-600 yuan / ton, 98% sulfonic acid ex-factory price is 700-830 yuan / ton; 98% smelting acid ex-factory price in Henan is 180-280 yuan / ton During the holiday period, affected by the parking of some acid plants in Hubei, the surrounding demand increased slightly, but with the early maintenance of acid plants resuming production, the supply still increased slightly; the overall demand of the downstream industry was still weak, and the rigid demand for sulfuric acid was maintained. The willingness to prepare goods is not high, and the acid price in central and southwestern China is relatively stable. The recent shipping situation in South China has improved, mainly due to the storage and maintenance plans of some acid plants in the National Day holiday area, the inventory pressure is not great, the supply and demand is basically balanced, the market is also more wait-and-see, sulfuric acid prices are expected to maintain stable operation in the short term, individual prices or narrow range reduction.

Sponge titanium

Sponge titanium market this week to maintain a weak operation, level 1 sponge titanium transaction price of 4.3-45000 yuan / ton, there are individual low prices in the market, the price is still low; downstream demand continues to be depressed, although the start of sponge titanium has declined, but supply is still greater than demand, shipping pressure is still large, the market is more bearish, sponge titanium market is weak and stable.

Future forecast:

1. The supply of ore-climbing titanium ore is tight, the demand is not good, and the price is weak to maintain stability.

2. The demand for titanium dioxide is low, the inventory pressure is increasing, and the price is weak.

3. The supply of sponge titanium is high, the market supply and demand is out of balance, and the price is weak and stable.