Market overview on the first week of April, 1st-7th, April

Titanium Ore

This week, the transaction price of small and medium titanium ore market fell slightly. Up to now, the transaction price of small and medium-sized titanium ore 46,10 is 2300-2350 yuan / ton, 47,20 ore is quoted at 2450-2550 yuan / ton, 38,42 titanium ore is quoted at 2450-2550 yuan / ton The quotation excluding tax is 1550-1600 yuan / ton; recently, the titanium ore market in Panxi area has been deserted, and the downstream titanium dioxide market demand has decreased, and the cost pressure of enterprises is relatively high. There is no pressure on the inventory of small mines and large factories, and some small factories are under great inventory pressure, reducing production and running, and the titanium ore market is under-operated. The market price of titanium ore in Yunnan and Chengde areas remained stable, the market transaction atmosphere was not high, and the market price of titanium ore remained strong.

The market price of imported titanium ore is stable at a high level. As of now, the price of Australian titanium ore is 450 US dollars / ton, the price of Kenmare 50 titanium ore is 450 US dollars / ton, Kenya 47-49 mine is temporarily not quoting, and Vietnam’s imported ore is not temporarily quoting; The supply of titanium raw materials in the international market continues to be tight, the supply of titanium ore in international titanium dioxide factories is insufficient, the transaction price is high, and the supply of domestic imported ore is scarce, and the market price remains high.

Titanium slag

This week, the high-titanium slag market maintained stable operation. The new tender price of high-titanium slag ordinary slag in the north was 9,900 yuan/ton, and the quotation for low-calcium-magnesium high-slag slag was more than 11,000 yuan/ton; , manufacturers mainly deliver pre-orders; downstream market demand is temporarily stable, some companies have tight supply of high-slag raw materials, and high-slag market quotations remain high.

The acid residue market is running stably. As of now, the ex-factory price including tax in Sichuan is 6060-6250 yuan/ton, and the ex-factory price including tax in Yunnan is 6,000 yuan/ton. The cost pressure of enterprises is relatively large; recently, the downstream titanium dioxide market has been under-operated, the market demand for acid residue has been reduced, and the market price of acid residue has remained stable.

Titanium dioxide

The titanium dioxide market is running steadily, and the overall market has not changed much. As of now, the ex-factory price of China’s rutile titanium dioxide including tax is 19,800-21,500 yuan/ton(3120 to 3400USD/MT), and the ex-factory price of anatase titanium dioxide is 18,500-19,500 yuan/ton(2920USD to 3080USD/MT). The price of raw and auxiliary materials is high, the cost of titanium dioxide is still high, the pressure on enterprises is high, and the price of titanium dioxide is temporarily stable; the domestic market demand is weak, the downstream enterprises maintain rigid demand, and the transaction of new orders in the market is deserted; the current market transportation is still limited, and some manufacturers have high inventories , manufacturers reduce load production, individual enterprises are in a state of shutdown, and the titanium dioxide market is under-operated. The demand in the international market remains good, and the support for domestic titanium dioxide enterprises is strong. In addition, due to the impact of high-level raw materials, it is expected that the titanium dioxide market will maintain stable operation in the short term.

Sulfuric acid

This week, the domestic sulfuric acid market has been stable and small, and the market price has risen and fallen. As of now, the price of 98% smelting acid in Inner Mongolia is 500-820 yuan / ton, and the price of 98% smelting acid in Yunnan is 1000-1100 yuan / ton. The price of 98% smelting acid in Shandong is 920-1000 yuan / ton; this week, the acid price in Inner Mongolia, Northeast China and other regions has risen significantly, mainly due to the maintenance of the main acid plants in the region. The supply in the region is tight, and the price has increased; Compensation, due to the low acid price in the previous period, the acid price also increased significantly this week. In addition, due to the control of the epidemic, many acid plants were not transported smoothly, and the number of downstream companies that stopped and reduced production increased. The market supply and demand were both weak. Some acid plants made a profit due to inventory pressure.

Market outlook forecast:

1. The cost pressure of downstream titanium dioxide is relatively large, new orders of titanium ore are reduced, and the titanium ore market is running in a stalemate;
2. The cost of raw materials is high, and the market price of titanium dioxide is running on a solid ground;