Market rebound, titanium ore and titanium white prices rise together

August 20, 2021

7086

1、Titanium market price analysis

1、钛系市场价格分析

Titanium Ore

钛矿

Last week, some of the titanium ore market prices rose slightly, the cumulative increase in 50-90 yuan / ton; as of now, small and medium-sized manufacturers 46, 10 titanium ore transaction price in 2080-2200 yuan / ton, 47, 20 ore offer in 2450-2500 yuan / ton, 38, 42 ore offer without tax in 1300-1450 yuan / ton; at present, Panxi, Chengde and other areas of the titanium ore market opening is still Low, the overall market supply is tight; with the downstream titanium dioxide market rebound and manufacturers gradually resume maintenance, titanium ore market demand increased, the market inquiries have increased, small and medium-sized titanium ore low prices rose slightly, some miners have pity sales; Chengde area titanium ore market is slightly stalemate, some titanium ore prices, the overall market of titanium ore gradually improved.

上周钛矿市场部分价格小幅上涨，累计上涨幅度在50-90元/吨；截止目前，中小厂家46，10钛矿成交价格在2080-2200元/吨，47，20矿报价在2450-2500元/吨，38，42矿不含税报价在1300-1450元/吨；目前攀西、承德等地区钛矿市场开工仍旧低位，市场整体货源紧张；随着下游钛白市场的回暖及厂家检修逐渐恢复，钛矿市场需求增加，市场询盘有所增多，中小钛矿低位价格小幅上涨，部分矿商有所惜售；承德地区钛矿市场略有僵持，部分钛矿有价无市，钛矿整体市场逐渐好转。

Imported titanium ore market is running firm, Vietnam A ore offer at $400 / ton, Australian ore titanium ore offer $380 / ton, Kenmare 50 titanium ore offer $400 / ton. RBM shutdown and other effects, the international titanium raw materials are still tight; affected by the epidemic, the import of Vietnam ore is restricted, the supply of imported titanium ore is also tight, the market supply is tight, the amount of imported titanium ore will decline significantly in the near future.

进口钛矿市场坚挺运行，越南A矿报价在400美元/吨，澳矿钛矿报价380美元/吨，肯梅尔50钛矿报价400元/吨。RBM停产等影响，国际钛原料依旧紧张；受疫情影响，进口越南矿受限，进口钛矿供应也有所偏紧，市场货源紧张，近期进口钛矿量将大幅下滑。

Titanium slag

钛渣

High titanium slag market stable operation, ordinary slag purchase price at 7500 yuan / ton, low calcium magnesium titanium slag market price at 8000 yuan / ton; high titanium slag market overall shipments are relatively stable, the recent raw material titanium ore part of the price rebound, due to some manufacturers pre-stock, the overall impact on the current high slag market is not significant, high slag market supply is stable.

高钛渣市场维稳运行，普通渣采购价格在7500元/吨，低钙镁钛渣市场价格在8000元/吨；高钛渣市场整体出货较为稳定，近日原料钛矿部分价格有所反弹，由于部分厂家前期备货，对目前高渣市场整体影响不大，高渣市场供应平稳。

Acid slag market prices are stable, Yunnan region still power restriction policy; as of now, Yunnan region ex-factory price with tax at 5100 yuan / ton, Sichuan region ex-factory price with tax 6010-6160 yuan / ton. Titanium ore market is good, the recent acid slag market inquiries increased, the transaction price more a single negotiation, the acid slag market has improved.

酸渣市场价格持稳，云南地区依旧限电政策；截止目前，云南地区含税出厂价格在5100元/吨，四川地区含税出厂价格6010-6160元/吨。钛矿市场利好，近期酸渣市场询盘增多，成交价格多一单一议，酸渣市场有所向好。

Titanium tetrachloride

四氯化钛

Titanium tetrachloride market is running smoothly, the current titanium tetrachloride market price at 7800-7900 yuan / ton, raw material liquid chlorine prices fluctuate, the cost remains high, but the titanium tetrachloride market transactions are more stable, downstream titanium sponge demand is stable, the enterprise normal shipments, titanium tetrachloride market stability operation.

四氯化钛市场平稳运行，目前四氯化钛市场价格在7800-7900元/吨，原料液氯价格波动较大，成本维持高位，但四氯化钛市场成交较为稳定，下游海绵钛需求稳定，企业正常出货，四氯化钛市场维稳运行。

Titanium dioxide

钛白粉

Last week, the titanium dioxide price index increased, with Long Bai, CNNC issued a letter, other companies followed the price increase, as of press time, twenty-one companies have issued a letter price adjustment, the price range of 800-1500 yuan / ton; as of now, China rutile titanium dioxide with tax ex-factory price at 18500-21,500 yuan / ton, anatase titanium dioxide with tax ex-factory price at 17000-19000 yuan /The recent raw material sulfuric acid prices continue to rise, titanium ore low prices have rebounded, titanium dioxide high cost; by environmental protection and power restrictions, such as the impact of some manufacturers device maintenance, market supply reduced; with the rebound in market demand, titanium dioxide manufacturers price increases, market inquiries increased significantly, some dealers actively stockpile, foreign orders also have a greater improvement, titanium dioxide low prices have been adjusted, the market transaction prices slightly Up, the price of a single negotiation, the current market price difference gradually narrowed, titanium dioxide market has improved.

上周钛白粉价格指数上调，随着龙佰、中核发函后，其他企业跟随价格上调，截至发稿前已有二十一家企业发函调价，调价幅度在800-1500元/吨；截至目前，中国金红石型钛白粉含税出厂价格在18500-21500元/吨，锐钛型钛白粉含税出厂价格在17000-19000元/吨；近期原料硫酸价格持续上涨，钛矿低位价格有所反弹，钛白成本高位；受环保和限电等影响，部分厂家装置检修，市场供应减少；随着市场需求的回暖，钛白厂家价格上调，市场询盘大幅增加，部分经销商积极备货，国外接单情况也有较大改善，钛白低位价格有所调整，市场成交价格小幅上涨，价格多一单一议，目前市场价差逐渐缩小，钛白市场有所向好。

Sulfuric acid

硫酸

Last week, sulfuric acid prices in some areas continued to rise, as of now, 98% sulfuric acid prices in Jiangsu area are at RMB830-1060/ton, 98% smelting acid prices in Fujian area are at RMB730-770/ton, 98% smelting acid prices in Hunan area are at RMB920-1050/ton; the price increase in Jiangsu, Zhejiang and Fujian areas is mainly driven by the high acid prices of major plants in East China; Hunan and the two Guangdong areas This week's acid price increase is mainly driven by the maintenance of acid enterprises in the region, and the tight supply of sulfuric acid. The two major acid plants in Hunan are in the maintenance state, the acid price in the region of tight goods prices rose slightly, the two broad regions in Guangxi two major acid plants under the influence of power restrictions and maintenance, the market start low, coupled with the subsequent maintenance plan, the market supply is tight, prices rose; acid enterprises for downstream cost considerations, the magnitude of upward adjustment is more moderate; because the main downstream phosphate fertilizer limit export orders, domestic prices cost pressure, coupled with the downstream Calcium hydrogen market is more difficult to raise, demand decline, individual acid plant in the region to reduce the acid price. However, the inventory of acid enterprises remained low, and the overall market price was stable.

上周部分地区硫酸价格持续上涨，截至目前，江苏地区98%硫磺酸价格在830-1060元/吨，福建地区98%冶炼酸价格在730-770元/吨，湖南地区98%冶炼酸价格在920-1050元/吨；江浙、福建地区的价格上涨主要是华东主力大厂酸价高位的带动；湖南、两广地区本周的酸价上调主要动力是区内酸企的检修导致，硫酸货源紧张。湖南地区两大主力酸厂均处于检修状态，区内酸价货紧价格小幅上涨、两广地区在广西两大主力酸厂受限电及检修影响下，市场开工低位，加之后续检修计划，市场供应紧张，价格上涨；酸企出于下游成本考虑，上调幅度较为缓和；因主力下游磷肥限制出口订单，国内价格成本承压，加上下游氢钙市场抬涨难度较大，需求下滑，区内出现个别酸厂下调酸价。但酸企库存多维持低位，市场整体价格暂稳。

Titanium sponge

海绵钛

Titanium sponge market price is stable, the market enterprise level sponge titanium offer 70,000 yuan / ton, this week the raw material magnesium ingot prices continue to rise, the cumulative increase in 1100-1300 yuan / ton, titanium tetrachloride prices are stable, sponge titanium enterprise cost high; the current sponge titanium enterprise orders are sufficient, the downstream military market demand gradually rise, the civilian market demand remains stable, the demand side continues to be good.

海绵钛市场价格平稳，市场企业一级海绵钛报价7.0万元/吨，本周原料镁锭价格持续上涨，累计涨幅在1100-1300元/吨，四氯化钛价格平稳，海绵钛企业成本高位；目前海绵钛企业订单充足，下游军工市场需求逐渐上升，民用市场需求保持稳定，需求面持续向好。

Post-market forecast：

后市预测：

1、Downstream market demand increased, titanium ore supply is tight, the late price or continue to rise slightly.

1、下游市场需求增加，钛矿供应紧张，后期价格或继续小幅上涨。

2、The high cost of raw materials, market prices rose slightly, and the titanium dioxide market gradually improved.

2、原料成本高位，市场价格小幅上调，钛白市场逐步向好。

3、The market demand for titanium sponge is gradually rising, with high raw material prices and firm market prices.

3、海绵钛市场需求逐渐上升，原料价格高位，市场价格坚挺。

2、Last week's titanium product price comparison

2、上周钛产品价格对比