(11.1-11.7) Titanium Weekly Review

perovskite

This week, the pressure on high-priced shipments of titanium ore is still high, and the prices of small and medium-sized titanium ore have been lowered. As of now, the transaction prices of titanium ore 46 and 10 from small and medium-sized manufacturers are between 2,060 and 2,100 yuan/ton, and the price of ore 47 and 20 is between 2,250 and 2,350 yuan/ton. The price of titanium ore excluding tax is between 1,480 and 1,530 yuan/ton; In the off-season of the market, the downstream titanium dioxide market continues to be sluggish. Coupled with production reduction by some manufacturers, there are not many inquiries in the titanium ore market, and supply and demand are weak. Miners are under great pressure to ship at high prices, and the price of new orders has continued to decline slightly. Construction in Yunnan is still insufficient, but new orders are also under pressure, and the price has been lowered by 50 yuan/ton; the downstream market is mostly waiting and seeing, and titanium ore prices may continue to be weak.

The market price of imported titanium ore is weak and stable. As of now, the price of titanium ore in Mozambique is US$370/ton, and the price of mine 47-49 in Kenya is US$360/ton. Affected by market demand, there is strong resistance to high-priced titanium ore, market transactions are weak, and the market is waiting and seeing; The supply of imported titanium ore in China is tight, downstream companies continue to be cautious in purchasing, new orders are not good, and the price of imported titanium ore may weaken.

titanium slag

This week, the high-titanium slag market is operating weakly. This week, northern enterprises began bidding for 90% of low-calcium-magnesium-high-titanium slag. The bidding volume is 2000 tons. Due to weak market demand, the high-titanium slag market is operating in a sluggish manner and the price remains low. At present, the market transaction price of high-titanium slag is around 7000 yuan/ton, and the cost is high. Many slag factories have reduced production, and most market production is at a loss. However, demand continues to weaken, and high-slag prices are expected to remain weak.

This week, the sour slag market is operating weakly and steadily. As of now, the ex-factory price including tax in Sichuan is 5,820 - 5,870 yuan/ton, and the ex-factory price including tax in Yunnan is 4800 yuan/ton; the downstream titanium dioxide market has started to decline, and the demand for sour slag has decreased. Some slag factories in Sichuan have stopped production; the cost of sour slag in Yunnan has increased, and the price has been under pressure; while downstream titanium dioxide continues to decline, the sour slag market has been under pressure, the market has been under-started, and the price is temporarily stable.

titanium tetrachloride

The market price of titanium chloride temporarily stabilized on Thursday this week. Currently, the market price of titanium tetrachloride is 6,000 - 6,400 yuan/ton. There are low prices in some regions. The price of liquid chlorine fluctuates greatly. Although the price of high-titanium slag has declined, the production pressure is still large. Large, insufficient downstream demand, and underutilization of the titanium tetrachloride market. Due to the impact of costs, titanium tetrachloride prices have remained stable.

titanium dioxide

Some prices in the titanium dioxide market fell slightly this week. As of now, the ex-factory price of rutile titanium dioxide including tax in China is 14,100 - 15,400 yuan/ton, and the ex-factory price of anatase titanium dioxide including tax is 13,100 - 13,600 yuan/ton; In the off-season of the market, demand continues to be weak, titanium dioxide shipments are under high pressure, and the price of new orders from some companies has dropped by 100-200 yuan/ton; Affected by inspections by the environmental protection team, it is reported that titanium dioxide companies in Panzhihua have a great impact, and in November, there were more companies reducing production in the market, and titanium dioxide construction is still insufficient; The price of titanium dioxide has been lowered, but downstream orders have been more cautious, and the market has been waiting and seeing, resulting in greater market consumption pressure. Due to the impact of anti-dumping duties in the export market, some export orders have been postponed for shipment, and manufacturers 'inventories have increased. Among them, the pressure on inventory under the chlorination method is greater. The market is mostly bearish on the future outlook. The titanium dioxide market is expected to remain weak and the price is negotiated on a single basis.

sulfate

This week, China's sulfuric acid market has basically stabilized. As of now, the ex-factory price of 98% of smelting acid in Shandong is between 210-340 yuan/ton, and the arrival price of 98% of smelting acid in Guizhou is between 350-430 yuan/ton. This week, prices in some areas of the sulfuric acid market have been adjusted slightly, ranging from about 10-30 yuan/ton. The price increase is mainly due to the increase in pyrite prices and the increased pressure on ore acid costs; Recently, the supply of sulfuric acid in some regions has been tight. Sulfuric acid stocks in Guangxi, Guizhou and other places have been low, and the market price has increased slightly. At present, the demand for downstream phosphate fertilizer market is relatively stable, but due to the slight increase in some acid prices, market procurement has become cautious. The market has been more wait-and-see, and the acid prices may continue to fluctuate slightly and adjust mainly.

sponge titanium

This week, the market price of sponge titanium remained stable. Xinjiang Xiangrun sent a letter to increase the price of sponge titanium by 1000 yuan/ton. The transaction price of grade 1 sponge titanium ranged from 42,000 to 43,000 yuan/ton. There were some low-priced transactions in the market; Affected by market demand, the supply of sponge titanium is under great pressure, and most companies have maintained production cuts. The price of raw material magnesium ingots has dropped by 200 yuan/ton this week. However, raw material production is still high. Demand for military and civilian products is weak, and the operation of the sponge titanium market is under pressure. However, due to the impact of costs, the sponge titanium market is expected to temporarily maintain stability.

Market outlook forecast:

1. Demand for titanium minerals decreases and prices weaken;

2. In the off-season of the titanium dioxide market, prices are stable and weak;

3. The cost pressure of sponge titanium is high and the price has stabilized.