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(7.12-7.18) Titanium Weekly Review

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July 18, 2024, 5:27 PM

Ilmenite

This week, the titanium market is high upwards. up to now, the transaction price of 46jing10 ilmenite from small and medium-sized manufacturers is 2220-2250 yuan / ton, the price of 47 jade 20 is 2450-2550 yuan / ton, and the tax-free price of 38 titanium ore is 1600-1630 yuan / ton. this week, the spot market of titanium ore is still tight, due to the reduction of the output of raw ore, the supply of medium ore is tight, the price is up, and the concentrate price is under pressure. The price of titanium ore is high, the downstream titanium dioxide market is weak, the enterprise cost pressure is large, and the game between market supply and demand is obvious. Affected by supply, the price of titanium ore will continue to operate at a high level.

The market price of imported titanium ore is stable. so far, the price of titanium ore in Mozambique is US $370 / ton and that of 47-49 in Kenya is US $360 / tonne. the domestic price of titanium ore is high and upward, while the overall supply of imported titanium ore is tight, and prices will continue to run firmly.

Titanium slag

The market for high titanium slag remained weak and stable. In July, the bidding price of 90% low calcium magnesium high titanium slag was 7600 yuan / ton, which was 200 yuan / ton lower than that of the previous month. 85% low calcium magnesium high titanium slag bid price was 6800 yuan / ton, which was 200 yuan / ton lower than that of the previous month. The raw material cost is high, the production pressure of slag plant continues to be high, the downstream market continues to be weak, the price of high slag is under pressure, and the market maintains weak operation.

The acid slag market maintains stable operation, so far, the factory price including tax in Sichuan is 5820-5870 yuan / ton, and the factory price in Yunnan is 5000-5100 yuan / ton; the supply of raw materials is reduced, and the price is high and firm. The production and supply of acid slag in Sichuan has increased compared with the previous period, while the titanium dioxide market is weak, the acid slag market is also under pressure, and the price continues to be weak and stable.

Titanium tetrachloride

Titanium tetrachloride market remains stable, the current market price of titanium tetrachloride is 6300-6800 yuan / ton, the price of liquid chlorine is rising, the price of high titanium slag is low, the supply and demand of titanium tetrachloride market is basically balanced, coupled with the support of raw material cost, the price of titanium tetrachloride is basically stable.

Titanium dioxide

This week, the titanium dioxide market is temporarily stable; up to now, the tax ex-factory price of rutile titanium dioxide in China is 14800-16200 yuan / ton, and that of anatase titanium dioxide is 13800-14200 yuan / ton; as the market completes the stock one after another, the titanium dioxide market runs relatively smoothly this week, enterprises deliver on-hand orders, and the inventory pressure of some manufacturers has been alleviated. However, the recovery of terminal demand is still relatively slow, although the prices of raw materials ilmenite and sulfuric acid maintain an upward trend, the titanium dioxide market is still relatively weak in the short term, while the titanium dioxide market is still understarted in July, and titanium dioxide enterprise quotations remain firm. With the increase in market demand in the later period, the titanium dioxide market may gradually pick up in the third quarter.

Sulfuric acid

The domestic sulphuric acid market continues to rise this week. Up to now, 98% of smelting acid prices in Shandong and Sichuan are 80-300 yuan / ton and 630-860 yuan / ton, respectively. Due to the sustained strong demand in downstream phosphate fertilizer market, acid enterprise shipments remain good, inventory is low, market supply continues to be tight, sulfuric acid market support is strong, sulphuric acid prices maintain a small rise. At present, acid plants in some areas are in a state of overhaul and supply is reduced, while acid prices in some areas have risen one after another this week. Affected by the increase in acid prices around, the overall price of sulfuric acid is steadily on the rise.

Sponge titanium

This week, the sponge titanium market is weak and stable, the transaction price of grade 1 sponge titanium is 4.9-5.0 yuan / ton, the transaction price of some parts of the market is low, the demand for civilian products downstream is weak, the shipping pressure of sponge titanium enterprises is large, the market price is weak, and the market supply is sufficient. Market competition pressure, sponge titanium market continues to run weakly.

Future forecast:

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

2. The cost of titanium dioxide is high, and the market maintains a strong operation.

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