Ilmenite
The price of Panzhihua ore is basically stable this week. Up to now, the transaction price of 46 jade 10 ilmenite from small and medium-sized manufacturers is 2220-2250 yuan / ton, the price of 47 miner 20 is 2450-2550 yuan / ton, and the tax-free quotation of 38 titanium ore is 1600-1630 yuan / ton. This week, the spot market of titanium ore is still tight, the intermediate ore price is high, the concentrate cost pressure is great, and the price gap between miners and big factories is reduced to 2300 yuan / ton. Due to the shortage of raw materials in Chengde Titanium Mine, the start-up of the concentrator is low, and some miners do not quote prices for the time being. it is reported that the environmental protection inspection is coming to an end, and some mines will resume operation, but the price of iron powder will decline, which may have an impact on the start of the concentrator in the later stage; while the price of titanium dioxide downstream is firm, the cost pressure of the enterprise is great, and the market is deadlocked.
The imported titanium ore market is operating stably for the time being. so far, the price of titanium ore in Mozambique is US $370 / ton and that of 47-49 in Kenya is US $360 / ton. The price of Panzhihua Mine is high and strong, and the quotations of domestic imported miners continue to be stable. under the influence of the market, the total import of titanium ore in the first half of the year is about 2.227 million tons, an increase of 2.14% over the same period last year, while the output of titanium dioxide downstream in the first half of the year increased by 20.93% compared with the same period last year. The supply of imported titanium ore remains tight, and prices will continue to run firmly.
Titanium slag
The market price of high titanium slag is running stably temporarily. 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 last month. 85% low calcium magnesium high titanium slag bid price was 6800 yuan / ton, which was 200 yuan / ton lower than last month. The downstream part of the price is low, the market operation pressure of high slag is high, the market price is low, some enterprises are underemployed, the price of titanium ore is high, and it is expected that there will be no more decline in the later stage.
The acid slag market is stable, 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 price of titanium ore is high, the cost price of acid slag is high, and the market demand is basically stable. The price of acid slag will operate steadily.
Titanium tetrachloride
Titanium tetrachloride market continues to be stable, the current titanium tetrachloride market price is 6300-6800 yuan / ton, the enterprise cost pressure is great, there is a certain support to the market price, the downstream sponge titanium price is low, the titanium tetrachloride market circulation is less, the liquid chlorine price is high and fluctuating, the titanium raw material price is high, the enterprise cost pressure is big, the price maintains the stable operation.
Titanium dioxide
The titanium dioxide market has remained stable this week; up to now, the factory price of rutile titanium dioxide in China is 14800-16200 yuan / ton, and that of anatase titanium dioxide is 13800-14200 yuan / ton. This month, the inventory of manufacturers is relatively large, and the inventory of some manufacturers is generally tight, and dragon enterprises have implemented preferential policies to dealers this month, the number of orders to be issued by enterprises has increased, the supply of individual brands in Sichuan base is tight, and the price of terminal quotation has been raised by 300 yuan / ton. raw material titanium ore, sulfuric acid prices continue to rise, titanium dioxide enterprise costs increase Export market data also improved in June. According to customs data, titanium dioxide exports in June 2024 were about 176400 tons, a year-on-year increase of 18.14%. From January to June, the cumulative export volume of titanium dioxide was about 972600 tons, an increase of 16.31% over the same period last year. Export data remain good Domestic terminal demand is still weak, individual enterprises begin maintenance, pre-maintenance enterprises resume production, titanium dioxide production is expected to pick up slightly in July, coupled with some market models are tight, market prices are strong, but the cost of raw materials is high, titanium dioxide enterprises are under great pressure, at the same time, the recovery of market demand is also dragged, prices are still under upward pressure, and market prices are discussed one by one.
Sulfuric acid
The domestic sulphuric acid market price is high and stable this week. Up to now, 98% of the smelting acid price in Guizhou is 550-650 yuan / ton, and the mainstream price of 98% smelting acid in Hunan is 265-400 yuan / ton. This week, the production of the main equipment in some areas was shut down, the supply was reduced, the inventory of acid plants was low, and the acid price in some areas increased slightly. Downstream phosphate fertilizer demand is stable, enterprises have accepted new sulfuric acid prices one after another, titanium dioxide chemical industry due to high cost prices, strong resistance to high-price sulfuric acid, maintain rigid demand procurement; affected by supply, acid prices remain high, the market is more wait-and-see, some areas are expected to rise, sulfuric acid prices will maintain high operation.
Sponge titanium
This week, the sponge titanium market is weak, the transaction price of grade 1 sponge titanium is 4.8-4.9 yuan / ton, there are individual low prices in the market, the demand for military industry in the lower reaches is reduced, the demand for civilian products continues to be weak, and titanium enterprises are underemployed. Sponge titanium shipping pressure is greater, sponge titanium enterprises start high, market oversupply is becoming more and more obvious, market competition pressure, sponge titanium market continues to operate weakly.
Future forecast:
1. The supply of titanium ore is tight, and the market price is high and firm.
2. Titanium dioxide manufacturers sell more inventory, the cost is high, and the market maintains a strong operation.
3. The market demand of sponge titanium is weak, and the price remains weak.
