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January Titanium Market Comments And Outlook

January domestic titanium prices again raised. During the month, some companies in Panxi area announced that titanium ore rose about 150 yuan / ton, while others are temporarily price adjustment. To the Spring Festival before and after the rest of the enterprises to follow up prices. In addition, in January Yunnan Titanium also rose about 100 yuan / ton. In addition to strong demand for titanium dioxide industry, the Panxi small titanium ore plant continued to stop production is also an important reason leading to price increases.


January titanium market review


January domestic titanium prices again raised. During the month, some companies in Panxi area announced that titanium ore rose about 150 yuan / ton, while others are temporarily price adjustment. To the Spring Festival before and after the rest of the enterprises to follow up prices. In addition, in January Yunnan Titanium also rose about 100 yuan / ton. In addition to strong demand for titanium dioxide industry, the Panxi small titanium ore plant continued to stop production is also an important reason leading to price increases.

Affected by the New Year holiday, imports of titanium ore supply also declined, while the price is rising all the way. Many downstream companies want to purchase some titanium ore in advance before the Spring Festival, leading to some pre-holiday sales of imported ore procurement difficulties. Among them, the Indian and Vietnamese mines are the most tight. And many titanium importers are optimistic about the trend of the market outlook, while raising the offer at the same time hoard goods for sale, plans to sell at higher prices after the Spring Festival.


Rutile market performance is still stable, the market turnover is not much, the price did not like titanium to achieve the same rise. At present, the demand for rutile is gradually reduced, mainly due to poor demand for welding electrodes. In China, strict control of the real estate market growth, the steel industry to the capacity of the environment, the electrode market is difficult to get rid of the downturn in the state.

January slag prices also maintained a rising trend. Among them, the price of chlorinated slag in 100 yuan / ton, the performance is relatively mild. While the price of acid residue rose more than 300 yuan / ton, the performance is more robust. From the demand side, the demand for chlorinated slag is still weak, the market is still in the buyer's market. But the price of titanium raw materials continue to push up production costs, chlorinated slag prices had only slightly increased. Acid residue market, due to more enterprises to stop production, coupled with rising prices of titanium raw materials and other factors, to promote a larger increase in slag prices. From the supply and demand situation point of view, the market supply and demand of acid residue is relatively stable, downstream enterprises to bear the strong price of raw materials, so that the slag prices can be a smooth rise.

Spring Festival approaching, titanium tetrachloride, sponge titanium market performance is stable, the product price did not raise the plan. The continued decline in magnesium prices has spurred the cost of titanium sponge, but the overall cost is still flat with the price. Titanium market prices were stable, the market turnover is limited. Part of the titanium enterprises because of orders and choose to close early in advance.


New Year's Day holiday, part of the titanium dioxide enterprises will announce price increases, the domestic price increase of 700 yuan / ton, export prices rose in 100 US dollars / ton. In nearly a year's time, the price of titanium dioxide from the lowest point of less than 10,000 yuan / ton rose to 16,000 yuan / ton or so high, or up to 60%. Panzhihua area in the environmental verification after the end of the titanium dioxide enterprises have resumed production, but still difficult to change the current market tension situation. While the export performance is not satisfactory, due to continued high prices, foreign buyers orders down significantly. If the export volume can not be maintained as high as last year, the future trend of titanium dioxide market or will gradually cool down.


Titanium dioxide market hot or pull the price of titanium after the holiday

In 2016, China exported a total of 720,000 tons of titanium dioxide, an increase of 33.8%, and hit the highest annual export volume of China's titanium dioxide. Among them, the largest export countries are India, a total of 85,000 tons of exports; followed by the United States, a total exports of 66,000 tons.


Earlier this year, the price of titanium dioxide at a low level, some domestic and foreign enterprises in the cut, shutdown state, resulting in titanium dioxide supply decline. After March, titanium dioxide stocks at a low level, prices are gradually increased. To November, the domestic sulfuric acid method of titanium dioxide prices have been close to foreign chlorination of titanium dioxide, foreign passenger purchases have decreased. Earlier this year, Huntsman, DuPont, Tenova and other foreign leaders announced a quarter of product prices. And after New Year's Day, the domestic leading enterprises will announce the increase in product prices, leading the first wave of domestic titanium dioxide in 2017 prices.

Titanium dioxide market by the impact of hot, Panzhihua area part of the titanium ore suppliers have been interested in increasing the price of titanium. While the price of titanium dioxide is undoubtedly the rise in titanium prices to obtain the confidence of prices. Panzhihua area part of the titanium ore plant by environmental verification and limited production, the overall supply increasingly tight, supply and demand has been significantly tilted to the seller's market.

Imports of titanium, after some importers have been deliberately hoard goods, and this year's Spring Festival holiday earlier, downstream stocking ahead of time, is expected to focus on the future of titanium inquiry, titanium ore prices will gradually fry high. According to the import of titanium traders to reflect, many titanium ore to be in March to arrive in the country. I believe that after the Spring Festival holiday, titanium ore market will appear more inquiry, demand, business reluctant to sell the situation, titanium prices may continue to rise after the Spring Festival.


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