July 2021 titanium-based products market overview

August 6, 2021

6553

Titanium Market Analysis

钛市场分析

1.Titanium market price analysis

1.钛系市场价格分析

July titanium ore market weak operation, small and medium-sized titanium ore prices continue to decline, the cumulative price cuts of about 200-280 yuan / ton, the price of large plants more stable. Titanium white off-season, the downstream market demand is weak, the overall weak titanium ore market, some small and medium-sized miners have panic, prices continue to give concessions, transaction prices continue to decline slightly. Affected by environmental protection inspection, most manufacturers in the Panxi, Hebei area production restrictions, coupled with the Panxi plant overhaul plans, the market titanium ore supply significantly reduced, while the downstream start-ups and titanium dioxide prices continue to decline, the overall market for titanium ore weak and stable.

7月钛矿市场弱势运行，中小钛矿价格持续下滑，价格累计下调约200-280元/吨，大厂价格多维稳。钛白淡季，下游市场需求较弱，钛矿市场整体偏弱，部分中小矿商有所恐慌，价格持续让利，成交价格持续小幅下滑。受环保检查影响，攀西、河北地区多数厂家生产受限，加之攀西大厂检修计划，市场钛矿供应大幅减少，而下游开工不足以及钛白价格持续下滑，钛矿整体市场弱稳。

Imported titanium ore market stable operation, Vietnam A ore offer at $ 400 / ton, B ore offer has declined, Australian titanium ore offer $ 380 / ton, Kenmare 50 titanium ore offer $ 400 / ton; downstream market demand is weak, part of the market price has declined, while part of the ore source is still tight, the price is firm running; Li Tuo RBM incident impact, Li Tuo procurement business suspended, the international titanium raw materials market has Certain impact, coupled with the riots in South Africa and the recent outbreak of epidemic in Vietnam, titanium ore transport, etc. have a certain impact, is expected to reduce the subsequent import of titanium ore, imported ore prices will continue to run high.

进口钛矿市场维稳运行，越南A矿报价在400美元/吨，B矿报价有所下滑，澳矿钛矿报价380美元/吨，肯梅尔50钛矿报价400元/吨；下游市场需求较弱，市场部分价格有所下滑，而部分矿源依旧紧张，价格坚挺运行；力拓RBM事件影响，力拓采购业务暂停，对国际钛原料市场有一定影响，加之南非暴乱及越南近期疫情爆发，对钛矿运输等都有一定影响，预计后续进口钛矿也将有所减少，进口矿价格会继续高位运行。

Titanium slag

钛渣

Acid slag market is weak in July, Yunnan area acid slag prices fell sharply, as of now, Yunnan area ex-factory price with tax at 5100 yuan / ton, Sichuan area ex-factory price with tax 6010-6160 yuan / ton; Yunnan area is still limited electricity policy, manufacturers start low, market demand is weak, individual enterprises appear low prices, mainly due to financial problems; Southwest downstream start rate is low, manufacturers Quotation basically maintain the level of the previous, the market has a price; coupled with the titanium dioxide into the off-season, prices continue to fall, raw material titanium ore prices down, acid slag prices are weak operation.

7月酸渣市场偏弱运行，云南地区酸渣价格大幅下滑，截至目前，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；云南地区依旧限电政策，厂家开工低位，市场需求有所偏弱，个别企业出现低价，主要因资金问题；西南地区下游开工率较低，厂家报价基本维持前期水平，市场有价无市；加之钛白进入淡季，价格持续走低，原料钛矿价格下行，酸渣价格偏弱运行。

July Zhong Xin ordinary high slag purchase price at 7500-7800 yuan / ton, down 100 yuan / ton compared to last month, Inner Mongolia power restriction policy, high slag start has declined, the overall impact of the market supply is not significant; part of the raw material prices continue to go down, high slag part of the manufacturers offer has also declined, the recent price is weak operation.

7月中信普通高渣采购价格在7500-7800元/吨，较上月下调100元/吨，内蒙限电政策，高渣开工有所下滑，市场供应整体影响不大；部分原料价格持续走低，高渣部分厂家报价也有所下滑，近期价格偏弱运行。

Titanium tetrachloride

四氯化钛

Titanium tetrachloride market stability, the current titanium tetrachloride market offer at about 7800-7900 yuan / ton, titanium tetrachloride market supply and demand balance, raw material liquid chlorine prices fluctuate, high slag recent prices have also weakened, titanium tetrachloride enterprises under pressure, the actual transaction price is low, is expected to stabilize the titanium tetrachloride market later run.

四氯化钛市场维稳运行，目前四氯化钛市场报价在7800-7900元/吨左右，四氯化钛市场供需平衡，原料液氯价格波动较大，高渣近期价格也有所走弱，四氯化钛企业有所承压，实际成交价格低位，预计后期四氯化钛市场多持稳运行。

Titanium dioxide

钛白粉

July titanium dioxide price index fell sharply, the cumulative price decline of more than 1,000 yuan / ton, as of the end of this month, China rutile titanium dioxide with tax ex-factory price at 17,800-2,500 yuan / ton, anatase titanium dioxide with tax ex-factory price at 16,500-19,000 yuan / ton; the market is in the off-season, downstream coatings and other enterprises are not enough to start, titanium dioxide demand reduced, part of the price continues to Titanium dioxide prices are high, coupled with high shipping costs container tension and other issues, titanium dioxide enterprises export pressure, export prices have also declined; market prices continue to fall, some prices are close to the line, this month, some enterprises also began to reduce the load production; titanium dioxide market prices are more confusing, the market price difference is large, the price of raw materials sulfuric acid continues to rise, by the environmental protection and power restrictions and other effects of next month's titanium dioxide production will remain Insufficient, with the arrival of the market gold nine silver ten, the market low prices will stop falling, titanium dioxide spread will have will narrow.

7月钛白粉价格指数大幅下滑，价格累计下滑幅度在1000多元/吨，截至本月底，中国金红石型钛白粉含税出厂价格在17800-21500元/吨，锐钛型钛白粉含税出厂价格在16500-19000元/吨；市场处于淡季，下游涂料等企业开工不足，钛白需求减少，部分价格持续走跌；钛白价格高位，加之海运费高位集装箱紧张等问题，钛白企业出口压力较大，出口价格也多有下滑；市场价格持续走跌，部分价格已经接近本线，本月部分企业也开始降负荷生产；钛白市场价格较为混乱，市场价差较大，原料硫酸价格持续上涨，受环保及限电等影响下月钛白开工将依旧不足，随着市场金九银十到来，市场低价将会有所止跌，钛白差价将有会缩小。

Titanium sponge this month sponge titanium market is running smoothly, the market enterprise level sponge titanium offer 70,000 yuan / ton, the raw material magnesium ingot prices remain high, sponge titanium cost pressure remains, the current domestic military use is still strong, the civilian use of general, sponge titanium enterprise orders sufficient, enterprises according to the amount of production, manufacturers inventory pressure is not large; raw material costs continue to be high, the actual transaction price is low, sponge Titanium profits are still at a low level, titanium sponge market is more stable operation.

海绵钛本月海绵钛市场平稳运行，市场企业一级海绵钛报价7.0万元/吨，原料镁锭价格维持高位，海绵钛的成本压力依旧，目前国内军工方面用量依旧旺盛，民品方面用量一般，海绵钛企业订单充足，企业按量生产，厂家库存压力不大；原料成本持续高位的情况下，实际成交价格偏低，海绵钛利润仍处于低位，海绵钛市场多持稳运行。

August market forecast：

8月市场预测：

1.The overall market demand is weak, the market transaction is light, the price is more stable operation.

1.市场整体需求偏弱，市场成交偏淡，价格多维稳运行。

2.Titanium white market off-season, demand has weakened, some of the high market prices or will be a slight correction.

2.钛白市场淡季，需求有所减弱，部分高位市场价格或将小幅回调。

3.Stable market demand for titanium sponge, the market price is running smoothly.

3.海绵钛市场需求稳定，市场价格平稳运行。

2.Price comparison of titanium products this month

2.本月钛产品价格对比