The Titanium Market As A Whole Maintains A Weak Operation
The price of ilmenite concentrate has been slightly lowered this week. As of this Friday, the mainstream price of ilmenite concentrate (TiO2≥46%) in the Panxi area is 2080-2230 yuan/ton; the mainstream price of ilmenite concentrate (TiO2≥47%) in the Panxi area is 2300 -2350 yuan/ton. Under the influence of the continuous weakening of downstream demand, the price of titanium ore continued to fall under pressure this week, and the profits of some miners were severely compressed. The continuous reduction of titanium ore in the short term may not be large. It is expected that the price of titanium ore will stabilize in the follow-up.
High titanium slag
The price of titanium slag has been adjusted slightly this week. As the bidding price has just been adjusted, the sales staff of some titanium slag enterprises said that there is no further adjustment plan for the short-term quotation, and it is expected that the price of titanium slag will remain stable soon.
Titanium Dioxide
The price of titanium dioxide continued to decline this week. The mainstream quotation of domestic rutile type titanium dioxide fell to 16000-17500 yuan/ton, and the mainstream quotation of anatase type titanium dioxide fell to 14500-15500 yuan/ton. The impact of the industry's off-season was obvious. This week, the new prices of leading companies have landed smoothly, and the bearish sentiment in the market has eased. Considering the power outages in some areas, the bearish sentiment in the market has been cleared. It is expected that the price of titanium dioxide will be difficult to drop in the future. SMM will continue to pay attention to the follow-up new products. Single landing situation.
Titanium tetrachloride
The price of titanium chloride decreased slightly this Thursday, and the mainstream quotation of titanium tetrachloride (99.9%) in the market was 8000-8500 yuan/ton. A salesperson of a large titanium tetrachloride company said that affected by the price reduction of raw materials such as chlorine gas, the new price of titanium tetrachloride was slightly adjusted in August. At present, the downstream orders of the plant are relatively stable, and it is expected that the price of titanium tetrachloride will remain stable in the future.
Sponge titanium
The overall price of sponge titanium remained stable this week, and the mainstream price of grade 1 sponge titanium was 80,000 yuan/ton. At present, the downstream demand for sponge titanium is strong, and the price of raw material magnesium ingots tends to be stable. According to SMM research, in the first half of 2022, China's titanium sponge import and export data are eye-catching, and both domestic and foreign demand has increased significantly. From January to June 2022, China's sponge titanium cumulative export is 916 tons, a cumulative increase of 66.49%. From January to June 2022, China's cumulative import of sponge titanium is 8,664 tons, a cumulative increase of 67.58%. With the support of the demand side, it is expected that the price of sponge titanium will remain stable in the future.
