(11.8-11.14) Titanium Weekly Review

perovskite

This week, the price of some titanium ore has still dropped slightly. As of now, the transaction price of titanium ore from small and medium-sized manufacturers 46 and 10 is between 2,040 and 2,080 yuan/ton, the price of ore 47 and 20 is between 2,200 and 2,350 yuan/ton, and the price of titanium middlings excluding tax is between 1,480 and 1,530 yuan/ton; the Central Environmental Protection Group is expected to withdraw from Sichuan Province on the 18th, and it will still be difficult for the Panxi District Water Processing Plant to resume work in the short term. The supply of raw materials and middlings is limited, and the market circulation of titanium concentrate is low; In addition, a large factory in Panxi has stopped production for half a month, and other large factories have maintained normal operations. The maintenance time has been slightly extended within the month, and the supply of titanium concentrate has decreased. Recently, inquiries in the titanium ore market have been relatively stable, but the downstream titanium dioxide market has been weak. The downward trend is strong, and the price of some new titanium ore orders has been lowered. However, due to the high cost, the price reduction is limited. It is expected that the titanium ore market will continue to weaken in the later period.

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 waits and sees; sea freight prices remain high, cost pressure on imported miners is high, quotations are firm, market transactions are deadlocked, and prices are weak.

titanium slag

This week, the high-titanium slag market remained weak. This month, the bidding price for 90% low-calcium-magnesium high-titanium slag by northern enterprises was 6750 yuan/ton, down 640 yuan/ton from the previous bidding price. Downstream demand was sluggish, and the operating pressure of the high-slag market was great. Coupled with the increase in electricity prices in Liaoning this month, the production pressure of enterprises was huge, and the output fell again; the cost of raw materials was high, the high-slag market was difficult to operate, and the market remained 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 4650 yuan/ton. The price of sour slag in Sichuan is weak and stable, and the local slag factory is basically in production. State, the market circulation is small; The ex-factory price of sour slag in Yunnan has dropped by 150 yuan/ton this month. Affected by the dry season, electricity bills have increased and the production pressure of slag plants has increased. However, the downstream titanium dioxide market has declined, the demand for sour slag market has decreased, and the price has been weak.

titanium tetrachloride

This week, the titanium chloride market remained stable. The current titanium tetrachloride market price is 6,000 - 6,400 yuan/ton. There are low-priced transactions in some regions. The price of liquid chlorine fluctuates at a high level. The purchase price of titanium tetrachloride raw materials is unstable. The current titanium tetrachloride market is still insufficient. Some manufacturers have reduced production and stopped production. The downstream titanium sponge market demand is relatively stable, and the titanium tetrachloride market price remains stable.

titanium dioxide

This week, the titanium dioxide market is still weak. As of now, the ex-factory price of rutile titanium dioxide including tax in China is 14,100 - 14,900 yuan/ton, and the ex-factory price of anatase titanium dioxide including tax is 12,800 - 13,400 yuan/ton; This month, the guidance price for listing of dragon enterprises has been lowered, and new orders from some enterprises have dropped by another 200 yuan/ton this week; the price of sulfuric acid has increased slightly this week, and the price of titanium dioxide production has dropped somewhat, and the pressure on titanium dioxide production costs is still high; Market demand continues to be weak, titanium dioxide shipments are under high pressure, market competition is high, prices are showing a weak downward trend, and downstream cautious wait-and-see attitude is strong; and the foreign trade market is affected by anti-dumping, and corporate export pressure is high. In addition, the demand in the paper industry has weakened. Export orders from some enterprises have declined, the market has a negative impact, and the downstream stocking mood is poor. The titanium dioxide market remains weak, and prices are subject to single discussions.

sulfate

Prices in some areas of the sulfuric acid market in China have increased slightly this week. As of now, the ex-factory price of 98% ore acid in Shandong is 300-360 yuan/ton, the price of 98% smelting acid is 220-340 yuan/ton, and the price of 98% smelting acid in Hunan is 250-380 yuan/ton; Affected by the maintenance of some major acid plants, the supply of sulfuric acid has decreased. Although the downstream market has maintained demand, it has basically been relatively stable. The inventory of acid plants has declined. The supply of sulfuric acid in some areas has been tight. The market price has increased slightly, with an increase of more than 20-40 yuan/ton.; However, acid companies undergoing early maintenance are expected to resume production. However, due to the rise in raw material sulfur prices, market sentiment continues to be good, and export orders from the surrounding areas in the southwest are sufficient. Sulfuric acid is running well in the short term, and prices in some areas may be expected to rise again.

sponge titanium

The sponge titanium market has temporarily stabilized this week. The current transaction price of grade 1 sponge titanium is 42,000 - 43,000 yuan/ton; the price of raw material magnesium ingots has declined slightly, but affected by the price of titanium raw materials, the company's production price is still high, and production is still at a loss; At present, sponge titanium companies have some orders in hand, coupled with the cost price, and manufacturers 'quotations remain firm. However, the downstream is mainly cautious and wait-and-see, and sponge titanium prices are expected to maintain stability in the short term.

Market outlook forecast:

1. Demand for titanium minerals is weak, and prices continue to weaken;

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

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