As traders reluctant to sell, demand, domestic titanium prices continue to rise this month. To the end of this month, Panxi region titanium ore prices rose to 1900 ~ 1950 yuan / ton. At present, small and medium-sized mines and plants in Panzhihua area are still in the state of shut down, and the individual mines in Yunnan are gradually returning to production but the production is too low to affect the market. As the titanium dioxide market is still strong, Panxi Titanium is still out of stock. But the titanium ore production enterprises also said to the Swiss Road, the current price of titanium has risen to high, if the price rise is too high may be detrimental to the healthy development of the industry, and there will be a bubble, causing the market ups and downs risk. The person in charge of the business also said that the price of 2,000 yuan / ton may be a more reasonable price, and can ensure that enterprises have sufficient profits, but also not easy to the downstream enterprises to bring too much cost burden, reduce the risk of risk.

March titanium market review

As traders reluctant to sell, demand, domestic titanium prices continue to rise this month. To the end of this month, Panxi region titanium ore prices rose to 1900 ~ 1950 yuan / ton. At present, small and medium-sized mines and plants in Panzhihua area are still in the state of shut down, and the individual mines in Yunnan are gradually returning to production but the production is too low to affect the market. As the titanium dioxide market is still strong, Panxi Titanium is still out of stock. But the titanium ore production enterprises also said to the Swiss Road, the current price of titanium has risen to high, if the price rise is too high may be detrimental to the healthy development of the industry, and there will be a bubble, causing the market ups and downs risk. The person in charge of the enterprise also said that the price of 2,000 yuan / ton may be a more reasonable price, and can ensure that enterprises have sufficient profits, but also easy to lower costs to the downstream business burden, reduce the risk of risk.

Although the number of imported titanium ore has increased, but because the middlemen deliberately reluctant to sell hoard goods and downstream demand and other factors together, import ore prices are also rising. From the point of view of imports, Africa is still the largest source, while the proportion of imports from Vietnam and Australia has declined. Among them, by the impact of no export quotas, Vietnam Titanium can not be successfully exported, resulting in China's market, the number of Vietnamese mines scarce, prices are rising. To the end of this month, Vietnam titanium ore prices rose 300 to 400 yuan / ton.

Rutile prices have also been raised, but the increase compared with the larger gap between titanium. With the advent of the second quarter, foreign suppliers will raise rutile prices. Although the final price has not yet been determined, but can be expected future rutile prices will gradually rise.

March slag prices rose significantly. Among them, the price of chlorinated slag rose 600 ~ 800 yuan / ton, acid prices rose about 1,000 yuan / ton. In the case of chlorinated slag, the main buyers of domestic chlorinated slag are titanium tetrachloride and titanium sponge enterprises. In March, the demand for chlorinated slag was relatively stable, , So the price of chlorinated slag is not due to supply shortage. But after the Spring Festival, part of the titanium ore prices rose 300 yuan / ton or even higher, resulting in the cost of chloride slag rose more than 600 yuan / ton. From this we can see that the main reason to promote the price of titanium slag is to promote the price rather than demand-driven. From the current situation, the short term titanium prices are still in the uplink channel, the future price of titanium slag will continue to increase.

March titanium tetrachloride prices rose about 450 yuan / ton. Among them, some enterprises in the northern region affected by environmental inspection and cut production, stop production, resulting in titanium tetrachloride prices have increased. And in the middle of this month, sponge titanium ushered in nearly four years a single largest increase, or 7000 ~ 8,000 yuan / ton. While the titanium market demand and did not significantly pick up, titanium enterprises in order to obtain orders can not pass the price down the next conduction. Therefore, the future of titanium enterprises need some time to accept the high price of titanium sponge. Prior to this, sponge titanium prices will be stable for some time.

March titanium dioxide market continued hot, in a month twice the price increase. In early March, the domestic price of titanium dioxide rose about 800 yuan / ton, to the end of the domestic titanium dioxide prices once again raised 800-1000 yuan / ton. At this point, the domestic rutile titanium dioxide price has been to 20,000 yuan / ton closer, the price from the 2011 22000 ~ 23000 yuan / ton has been quite close. From the supply and demand point of view, some domestic enterprises due to lack of environmental protection capacity, can only be in a limited state, can not be full load production; and downstream terminal demand for titanium dioxide stability. Leading to the rising price of titanium dioxide is mainly due to two reasons, one is the promotion of raw material prices, and second, the middle traders and travel funds continue to hoard goods pushed up the price of titanium dioxide.

"Hot" and "overheating" or only a line away

In March, the titanium market ushered in the real "spring in March": titanium, titanium dioxide prices continued to rise sharply, sponge titanium prices ushered in the biggest single increase since 2012. Throughout March, people continue to hear the news of the market pick up. After nearly five years of low trough, the titanium industry finally breathed a sigh of relief. In the enterprise pressure to ease, the next step seems to be how the work will be a good long-term situation to maintain.

In reviewing the market changes from 2011 to 2012, we often refer to speculation, skyrocketing, capacity expansion and other words. If the current situation of the titanium market compared with it, we can find some of the same and different. The same part of the rapid rise in prices, social hot money intervention, etc .; the difference is that at this stage has not yet shut down the large-scale recovery of production capacity and expansion. Do not forget the past things of the division, to let the good weather continues, we need to avoid mistakes have been made.

On the price, although several product prices have risen, but the reasons and extent vary. Titanium slag, titanium sponge and other products are mainly driven by the cost, and some time ago has been in a low profit or even a state of loss, from the increase point of view only offset the cost of rising part of the overall relatively reasonable. While titanium, titanium dioxide prices rose frequently, and the emergence of brokers hoard goods, social hot money involved in pushing up the price situation. It can be said that titanium, titanium dioxide prices to some extent there is the risk of bubble.

In view of the current titanium ore supply in the past two years has declined, titanium supply will be more dependent on imports, domestic enterprises difficult to control its price. Although the current price of titanium dioxide all the way to sing, but many of the profits of enterprises are swallowed up a lot of raw materials. Titanium dioxide stocks are mainly concentrated in the hands of brokers, business stocks are relatively low, the biggest beneficiaries of the price will continue to be traders and social hot money. If this situation continues to deepen, it is difficult to ensure that no repeat 2011 ~ 2012 when the mistakes. To control the bubble, the industry needs a consensus, coordination of all aspects of interest is possible to achieve.

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