The titanium market brief view on 1st November- is the price down?
For ilmenite, the price index of ilmenite was 2220.0 in the west Panzhihua, the same as yesterday. Thereâs a great tight supply in the ilmenite market, and a low inventory in small and medium-sized miners, so rose the market transaction price, while some big ilmenite manufacturers will still remain the price stable.
For Titanium slag, the bidding price of 90 type of ordinary high titanium slag was 9500RMB/ton in North China on August, there was no bidding for low calcium magnesium high slag on this month; The market price of low calcium magnesium 90 high slag is about 10000RMB/ton; The raw material cost of high titanium slag is high, the downstream demand is weak, manufacturers have great pressure in production, so the enterprise quotation has some possibility going down.
For titanium tetrachloride, the market quotation was 8300-8500RMB/ton, The market supply and sales of titanium tetrachloride remained balanced, and the market price was stable.
For titanium sponge, the market price is in a high level, at present, the market quotation of top grade titanium sponge was 74 thousand-85 thousand/ton,the market transaction runs smoothly, but enterprise inventory is tight, raw material cost remains high, so sponge titanium price runs high.
For titanium dioxide, today, the titanium dioxide price index was 15453.77, unchanged from yesterday. Raw material price is high, much of titanium dioxide factories have low stocks, so the titanium dioxide price is stable in the market. The market investors stay looking on and waiting for the price of market leading enterprise.
Titanium ore market is in a low operation rate.
Affected by the market, titanium dioxide market operation rate is inadequate.
Production capacity of sponge titanium enterprises is gradually released, and the sponge titanium market starts at a high level.