< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

(3.22-3.28) Titanium Weekly Review

85,693
March 28, 2024, 3:23 PM

Ilmenite

The market price of titanium ore continues to be strong this week, and the quotations of small and medium-sized titanium ore enterprises remain high. up to now, the transaction price of 46 miner 10 ilmenite from small and medium-sized manufacturers is 2280-2300 yuan / ton, the price of 47mine 20 is 2350-2480 yuan / ton, and the tax-free quotation of 38pai42 titanium ore is 1580-1620 yuan / ton. the start-up of titanium mine this week is basically stable, and large factories are not affected by environmental inspectors. Downstream titanium dioxide market demand is stable, Panzhihua ore supply still maintains a tight balance, coupled with the price increase of large factories, small and medium-sized miners quote more than 2300 yuan / ton; due to the rise in Panzhihua mine and the increase in market enquiries this week, the price of Chengde titanium ore has been raised to about 2000 yuan / ton, the supply and demand of titanium ore has maintained a tight balance, and the market price will continue to operate at a high level.

The market for imported titanium ore is stable. Up to now, the price of titanium ore in Mozambique is US $370 / ton and that of 47-49 mine in Kenya is US $360 / ton. The price of imported titanium ore is high, and the price of imported titanium ore is basically stable. It is reported that the import of titanium ore from the Great Wall has been ordered until next month, while the supply of raw materials is uncertain and the price is strong. Titanium raw material supply is tight, and the price of imported titanium ore will maintain stable operation.

Titanium slag

The market price of high slag is weak and stable, the market price of 90% low calcium magnesium high titanium slag is 7750-7800 yuan / ton, the bidding price of high slag in March is lower than that in February, the price of titanium raw material is high, and the cost pressure of high slag is high; the market of high slag is impacted by the supply of titanium-rich materials, and the pressure of market competition is great; the supply of high slag is abundant, the market supply and demand is out of balance, and the price upward pressure is great. It is reported that northern enterprises are about to invite tenders recently, slag factories due to the impact of costs, some enterprises are expected to rise, but affected by the relationship between supply and demand, prices are under upward pressure, high slag market wait-and-see mood is strong.

The market price of acid slag has risen 200 yuan / ton this week. So far, the factory price including tax in Sichuan is 5820-5920 yuan / ton, and the factory price in Yunnan is 5300 yuan / ton. The price of Panzhihua mine is rising, the demand for acid slag is stable, and the spot supply in the market is tight. Due to the cost price, the production pressure of the slag factory is greater, and the price is rising. The price of acid slag is high, the cost pressure of downstream enterprises is also large, the price increase is limited, and the price of acid slag is expected to maintain stability in the short term.

Titanium tetrachloride

The price of titanium tetrachloride remained stable this week, the current market price of titanium tetrachloride is 6300-6800 yuan / ton, the price of liquid chlorine remains high, the cost pressure of titanium tetrachloride enterprises in some areas is great, and the price is on the edge of loss; while the price of titanium tetrachloride downstream is low, the price of titanium tetrachloride rises under pressure, and the circulation of titanium tetrachloride in the market is limited, and the price is expected to remain stable.

Titanium dioxide

The price of titanium dioxide is stable this week. Up to now, the factory price of rutile titanium dioxide in China is 16400-17500 yuan / ton, and that of anatase titanium dioxide is 15000-15500 yuan / ton. The market demand is stable, titanium dioxide enterprises have some orders on hand, and the market starts to maintain a high level. The price of raw titanium ore is high, the price of sulfuric acid is expected to rise again, the cost pressure of titanium dioxide increases, and the market quotation remains strong. Demand in overseas markets maintained growth in the first quarter, and demand in China was stable. It is reported that dragon enterprises announced a price increase of 300 yuan / ton next month, resulting in a strong wait-and-see mood in the market. At present, the cost and price of titanium dioxide is relatively high, and it is difficult for some titanium dioxide enterprises to have room for a large reduction, and the price will also be strong.

Sulfuric acid

Acid prices in some parts of China's sulphuric acid market continued to rise this week. Up to now, 98% of smelting acid prices in Shandong and Yunnan are 80-325 yuan / ton and 600-700 yuan / ton, respectively. Recently, acid plants have sufficient orders on hand, enterprises ship smoothly, and China has a strong rising mood. The price of sulfuric acid is high, the cost of downstream enterprises increases obviously, some industries are resistant to the high price of sulfuric acid, and there is a game between supply and demand in the market, but due to the influence of low inventory in acid plant, the price is expected to operate steadily.

Sponge titanium

This week, the market price of sponge titanium remains stable, the mainstream market price of grade 1 sponge titanium is between 5.1 yuan and 53000 yuan / ton, the market demand for titanium downstream remains stable, the production and marketing of sponge titanium market is basically balanced, and the market price of sponge titanium remains stable in the short term.

Future forecast:

1. The market supply of titanium ore is tight, and the price will be high.

2. The inventory of titanium dioxide is low and the price is expected to run firmly.

3. The demand for titanium sponge is stable, and the price will run steadily.