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Market Review of Titanium Products in May 2023

109,365
May 30, 2023, 5:03 PM

In May, the market for titanium ore is stable and weak, and the quotations for small and medium-sized mines continue to decline. The price of small and medium-sized ilmenite at the end of the month is about 200 yuan / ton compared with that at the beginning of the month. Up to now, the price of 47 mine20 ilmenite in Panxi Dachang is 2300-2350 yuan / ton. The transaction price of 46 miner 10 ilmenite in Panxi is 2000-2050 yuan / ton, and the tax-free price of 38 miner 42 is 1450-1550 yuan / ton. The price of titanium dioxide in the downstream has declined, the market demand for titanium ore is weak, and the price has been declining. There are fewer new orders for small and medium-sized miners, the inventory of some manufacturers has increased, and the overhaul market for manufacturers is underemployed; the demand for titanium dioxide is low, and the price of titanium ore in small and medium-sized factories will continue to be under pressure.

The imported ilmenite market is running steadily. Up to now, the price of 50 ilmenite in Australia is 390 US dollars / ton, the price of Kenmel 50 ilmenite is 415 U.S. dollars / ton, and the price of 47-49 ilmenite in Kenya is 390 U.S. dollars / tonne; the downstream titanium dioxide market is weak, and the enterprise cost pressure is great; the demand for titanium raw materials in the international market is strong, the cost price of imported foreign ore is high, and the quotation of imported ilmenite remains strong; new orders are also under pressure, and the market game sentiment is strong.

Titanium slag

This month, the acid slag market is weak and stable, the factory price including tax in Sichuan is 4920-5020 yuan / ton, and the factory price in Yunnan is 4700 yuan / ton; the downstream titanium dioxide market is underemployed, the market demand for acid slag is weak, coupled with the reduction of some titanium ore prices, the enterprise cost pressure is alleviated, the downstream titanium dioxide demand is still weak, and the acid slag price continues to run weakly.

The operation of the high titanium slag market is under pressure, and due to the downturn of the downstream market, the enterprise cost pressure is greater; in addition, the new production capacity of the high slag market is released one after another, the market supply increases, the new market order is also under pressure, and some enterprises have inventory; however, the price of titanium raw materials remains high, the cost price of high slag is high, and the price of high slag is also under pressure.

Titanium tetrachloride

Titanium tetrachloride market is weak in operation this month. At present, titanium tetrachloride market quotation is 7100-7600 yuan / ton; downstream sponge titanium price continues to decline, titanium tetrachloride market demand is weak, enterprises are under great pressure to take orders, and the market has inventory, which is affected by high raw material cost, high cost pressure, insufficient market start-up, and titanium tetrachloride market weakening.

Titanium dioxide

The market price of titanium dioxide continued to decline in May, falling at about 500yuan / ton. by the end of this month, the tax-containing ex-factory price of rutile titanium dioxide in China was 15100-16500 yuan / ton, and that of anatase titanium dioxide was 13100-14000 yuan / ton. due to the economic downturn, the recovery of Chinese demand was lower than expected, and the domestic sales pressure of enterprises was greater; in the middle of the month, the price of dragon and enterprises was reduced by 500 yuan / ton, and some enterprises followed the price adjustment. Due to the high cost of raw materials and the great pressure on the cost of enterprises, there has also been a decline in the start of the market, and more than 20 enterprises in the market have stopped production and reduced production; the prices of raw materials are high, individual prices are losing money, and the pressure of market competition is great, and the prices of some enterprises are lowered again at the end of the month. The market has also entered the traditional off-season, and market prices will continue to be weak in June.

Sponge titanium

Sponge titanium prices continued to decline in May, a sponge titanium market price of 70000 yuan / ton, downstream titanium market demand is weak, sponge titanium market new single pressure, some enterprises have inventory, sponge titanium prices are stable and weak; by the sponge titanium market supply growth rate is fast, the downstream market demand recovery is relatively slow, market supply exceeds demand, prices maintain weak and stable operation.

Market forecast for June:

1. The market demand is weak and the price of ilmenite is weak and stable.

2. The market demand for titanium dioxide is low, and the price will continue to be weak.

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