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(5.19-5.25) Titanium Weekly Review

111,540
May 26, 2023, 6:10 PM

Ilmenite

The ilmenite market has maintained a weak operation. Up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2050-2120 yuan / ton, the price of 47jing20 ilmenite is 2300-2350 yuan / ton, and the tax-free quotation of 38,542 ilmenite is 1500-1550 yuan / tonne; the price of titanium dioxide in the downstream is declining, the cost pressure is great, the price of ilmenite is strong, and the high price of ilmenite is downward. Due to the high cost of raw ore, the decline of low price of ilmenite slows down, and the inventory of ilmenite in the market is not high, enterprises have no intention to reduce prices, so the price of ilmenite will remain stable in the short term, and the market will wait and see.

The imported titanium ore market is running steadily. up to now, the price of Mozambican titanium ore is US $415 / ton, the market price of Australian titanium ore is US $390 / ton, and the price of Kenya 47-49 mine is not quoted for the time being; the downstream titanium dioxide market is weakening, the enterprise cost pressure is great, and the market new orders are also under pressure. due to the downstream pressure, some high prices are expected to weaken in the later stage.

Titanium slag

The market for high titanium slag is temporarily stable. This month, the bidding price of high slag for northern enterprises is about 9100 yuan / ton, and the price of low calcium and magnesium high slag is about 9600 yuan / ton. Downstream market cost pressure, market procurement willingness to decline, high slag shipping pressure is greater, while titanium ore prices remain high, high slag market is also under pressure.

The acid slag market is weak and stable, so far, the factory price including tax in Sichuan is 4920-5020 yuan / ton, and the factory price in Yunnan is 4700 yuan / ton; recently, the price of some titanium ores has been reduced, and the pressure on acid slag enterprises has been slightly alleviated, but the downstream demand is low. Acid slag enterprises are under great pressure of shipment, and the price is stable and weak.

Titanium tetrachloride

The operation of titanium tetrachloride market is weak, and the current market price of titanium tetrachloride is 7200-7600 yuan / ton; titanium tetrachloride market demand is weak, enterprises have great pressure to take orders, and there is stock in the market, which is affected by high raw material cost and high cost pressure. Titanium tetrachloride market is weak.

Titanium dioxide

Part of the market price of titanium dioxide has been reduced this week, and the market price is chaotic. Up to now, the tax-containing ex-factory price of rutile titanium dioxide in China is 15000-16500 yuan / ton, and that of anatase titanium dioxide is 13600-14000 yuan / ton. Affected by inventory and cost pressure, some enterprises in the market have cut production and stopped production, but the overall start-up of the market remains high. The domestic demand market is weak, coupled with entering the off-season, the enterprise shipping pressure is great, this week dragon enterprise new single price reduction, the market also has enterprises to follow the price adjustment, individual prices have no profit, there is no more room for decline; raw materials and other high cost prices, titanium dioxide market will continue to be weak and stable operation.

Sulfuric acid

The sulphuric acid market in China has been deadlocked this week, with prices rising and falling in some regions. Up to now, 98% of the smelting acid prices in Shandong and Henan are 30-110 yuan / ton and 1-50 yuan / ton, respectively. Due to the continuous reduction of sulfuric acid prices in the previous period, acid prices in some areas have fallen to low levels, and the inventory pressure of acid factories in Henan and Hubei has eased this week. Downstream chemical fertilizer, chemical industry demand is low, there is basically no support for sulfuric acid, Shandong and other areas of shipping pressure is still large, acid prices in some areas may be weaker in the later stage.

Sponge titanium

The sponge titanium market maintains weak operation, the first-class sponge titanium market transaction price is between 6.50-70000 yuan / ton, the market starts high, while the downstream market demand growth rate is smaller than the supply growth rate, some sponge titanium enterprises have greater inventory consumption pressure, and the market is shipped at reduced prices. however, affected by the cost and price of raw materials, the price is expected to maintain a weak and stable operation.

Future forecast:

1. The downstream demand is weak, and the price of titanium ore is weak and stable.

2. The weak market demand, coupled with the off-season, the titanium dioxide market will remain weak.

3. The market of sponge titanium maintains rigid demand, and the price is weak and stable.