(9.20-9.26) Titanium Weekly Review

Ilmenite

This week, the titanium market is weak and stable. 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 2400-2500 yuan / ton, and the tax-free quotation of 38 titanium ore is 1570-1620 yuan / ton. Under the influence of Panzhihua Iron and Steel Co., Ltd., the shortage of raw materials in Panxi region has intensified, and the quotation of mining enterprises has been firm, but the sentiment of price depression in the lower reaches is relatively strong, the high price transaction in the early stage of the market has gradually decreased, and there has been a phenomenon of individual low price transaction. However, due to the influence of supply and demand, the price of Panxi ilmenite is difficult to have a big decline. Yunnan, Chengde titanium mine prices temporarily stable this week, miners to deliver orders in hand, titanium ore market wait-and-see mood is strong, market prices are temporarily stable.

The market for imported titanium ore is stable. So far, the price of titanium ore in Mozambique is US $370 / ton and that of 47-49 in Kenya is US $360 / tonne. The supply of titanium raw materials in the market is still tight, the Chinese market is cautious in signing orders, and the price of imported ore will continue to be strong.

Titanium slag

This week, the market of high titanium slag is weak and stable, this month, northern enterprises will not invite bids for high titanium slag, the production cost of raw materials is high, the price of high slag is low, most of the enterprises have lost money, the downstream market is weak, the supply of high slag is also surplus, and the start-up of enterprises is declining. The market maintains a weak operation.

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 continues to be in the doldrums, and the pressure on acid slag shipments is great, coupled with the influence of reduced demand, the start-up of acid slag in Sichuan has declined, the supply has been reduced, and the start-up of Yunnan slag plant has been temporarily stable; the cost is high, and the quotations of enterprises are more stable.

Titanium tetrachloride

This week, the market price of titanium tetrachloride remained stable, the current market price of titanium tetrachloride is 6000-6400 yuan / ton, there are low prices in some areas, liquid chlorine prices are fluctuating, titanium raw material prices are high, titanium tetrachloride production pressure is high; downstream sponge titanium market prices are low, titanium tetrachloride prices are on the low side, and the market maintains weak and stable operation.

Titanium dioxide

This week, the titanium dioxide market is weak and stable, and the market wait-and-see mood is strong. The prices of individual enterprises have been lowered by 200,300 yuan / ton. up to now, the factory price of rutile titanium dioxide in China is 14600-15600 yuan / ton. the factory price of anatase titanium dioxide is 13600-14000 yuan / ton. With the reduction of on-hand orders, the inventory of some enterprises has increased, and there is a slight mood of stock preparation in the downstream market near the holiday, but the overall demand situation is still weak and the pressure of market competition is great. Under the influence of environmental protection and equipment maintenance, individual enterprises temporarily stop production, and some enterprises will carry out maintenance after the holiday, and the start-up of titanium dioxide has declined slightly. The relationship between supply and demand in the market is still out of balance, enterprise shipping pressure, downstream procurement is more cautious, coupled with high costs, titanium dioxide market mainstream prices are temporarily stable, some prices are discussed one by one.

Sulfuric acid

China's sulphuric acid market is basically stable this week, with mixed prices in some regions. up to now, 98% of smelting acid prices in Shandong are 80-310 yuan / ton, 98% sulfonic acid prices are 320-400 yuan / ton; 98% smelting acid arrival prices in Guangxi are 370-470 yuan / ton; this week, due to the tight supply of sulfuric acid in Yunnan and Shandong, enterprise shipments are relatively good, with a new unit price increase of 20-30 yuan per ton. At present, the downstream phosphate fertilizer, titanium dioxide industry is still relatively depressed, pre-festival market stock situation is not as expected, some acid plants have reduced warehouse prices, the price is 20-50 yuan / ton. The previous overhaul of the acid plant has not yet been restored, the market is underemployed, the supply and demand of the sulphuric acid market is weak, the price is weak to maintain stability, and prices in some areas may continue to be adjusted in a narrow range.

Sponge titanium

This week, the market price of sponge titanium is weak and stable, the transaction price of grade 1 sponge titanium is between 4.3 and 45000 yuan / ton, and there are individual low-price transactions in the market; there is still some pressure on enterprise shipments, the downstream market is in the doldrums, the pressure of sponge titanium enterprises is greater, and the market starts to decline, coupled with the impact of raw material costs, prices have been temporarily stable in recent days, and the sponge titanium market may be in stable operation temporarily.

Future forecast:

1. The supply of ore-climbing titanium ore is tight, the game between supply and demand, 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 weakening.

3. The inventory pressure of sponge titanium is great, the start-up is declining, and the price is weak and stable.