Titanium dioxide market analysis July 2022

Titanium ore

As of now, the transaction price of 46.10 titanium ore from small and medium-sized manufacturers is 2150-2180 yuan / ton, 47/20 ore is quoted at 2400-2450 yuan / ton, 38/42 titanium ore is not The quotation including tax is 1530-1580 yuan / ton; the iron ore construction has declined, the supply of medium-sized mines continues to be tight, the price is high and strong, and the cost of concentrate is under great pressure; the downstream titanium dioxide market continues to weaken, and the small and medium-sized miners of 10 mines are under relatively high pressure on shipments. The high-level price has also been adjusted back compared with the previous period, the high-low price difference has gradually narrowed, and the titanium ore market continues to run strongly.
The price of imported titanium ore has remained stable. As of now, the Australian titanium ore market is priced at US$460/ton, the Kenmare 50 titanium ore market is priced at 480 US dollars/ton, and Kenya’s 47-49 mines are temporarily unavailable. The international market for titanium raw materials is tight, and in the first half of the year The amount of imported ore returned to China decreased by 12.27% compared with the same period of last year; however, the downstream market remained weak, some prices were at a loss, and the price of non-mainstream imported ore was slightly adjusted, while the output of chlorinated titanium dioxide increased by 26% compared with the same period last year, and the demand for imported ore It is also increasing steadily, coupled with the release of new production capacity in the market in the third quarter, the price of titanium raw materials for the chloride process will continue to run at a high level.

Titanium slag

The high-titanium slag market continues to operate weakly. This month, the new bidding price of the northern 90 general slag high-titanium slag is 10,200 yuan/ton, and the bidding price of low-calcium-magnesium high-titanium slag is 10,650 yuan/ton. New production capacity is released, while the downstream market is under great pressure, some prices have already lost money, the market is oversupplied, and the high-titanium slag is running weakly.
This week, the acid residue market continued to run steadily and weakly. As of now, the ex-factory price including tax in Sichuan is 5,600 yuan/ton, and the ex-factory price including tax in Yunnan is 5,000-5,550 yuan/ton. Recently, the downstream titanium dioxide market has declined, and the acid residue market has shipped The pressure is high, the inventory of some manufacturers is high, the pressure of enterprises continues to increase, and the market transaction price is also weak.

Titanium tetrachloride

The market price of titanium chloride continued to decline this Thursday. The prices in Sichuan, Henan, Yunnan and other regions were reduced by 300 yuan/ton. The current market price of titanium tetrachloride is 8500-8700 yuan/ton; Although the price of titanium tetrachloride has been lowered, the profit of the enterprise is still good, but the downstream chlorination method titanium dioxide market is weak, and the titanium tetrachloride enterprises are also under certain pressure on the shipment, and the price of titanium tetrachloride will be adjusted in the later stage.

Titanium dioxide

This week, the market price of titanium dioxide is stable and weak. As of now, the ex-factory price of China’s rutile titanium dioxide including tax is 17300-18700 yuan/ton, and the ex-factory price of anatase titanium dioxide is 16300-17000 yuan/ton. The market is in the off-season, the downstream market is under-operated, the demand for titanium dioxide is reduced, and enterprises are under great pressure, and some prices continue to fall; The price is in a state of loss; at present, the market price is relatively chaotic, the supply of low-priced goods continues to increase, and the competition pressure of enterprises is relatively large, and under the multiple negative factors, the titanium dioxide market will continue to be weak.

sulfuric acid

This week, the domestic sulfuric acid market continued to decline sharply, with a decline of 50-300 yuan/ton. As of now, the ex-factory price of 98% smelting acid in Anhui is 540-580 yuan/ton, and the ex-factory price of 98% smelting acid in Yunnan is 370-470 yuan. / ton, the price of 98% smelting acid in Shandong area is 330-350 yuan / ton; the price of raw material sulfur continues to weaken, and the cost of sulfuric acid is reduced; the downstream market demand continues to be weak, the market demand for chemical fertilizers and phosphate fertilizers is weak, and the cost pressure of enterprises is great. The price continued to fall; and the sulfuric acid market started relatively high, the market was oversupplied, and the supply of low-priced goods in the market increased significantly, and the sulfuric acid market continued to operate weakly in the short term. Sponge titanium
The titanium sponge market remained stable this week. At present, the transaction price of grade 1 titanium sponge in the market is 74,000-85,000 yuan/ton. In June, the export market of titanium sponge remained relatively good, and the downstream domestic and foreign demand was good. The inventory of titanium sponge enterprises was still low. The cost of raw materials is high, and the price of sponge titanium will continue to run high.

Market outlook forecast:

1. The price of medium and small mines is high, and the quotations of small and medium-sized mines continue to be firm;
2. The titanium dioxide market is off-season, the market demand is weak, and the price continues to run weakly;