Titanium Market Analysis in the Near Future

The business club reported on November 16 that the titanium market was stable, and the price of titanium sponge had risen recently. On the 11th, the market price was stable at 0 level 65000-70000 yuan/ton, and the actual transaction price was about 65,000 yuan/ton.

It is also understood that the recent market price of ferro-titanium in Europe is stable, and the market has a strong wait-and-see atmosphere, while the transactions are still scarce. Recently, major domestic steel companies have all stated that they will reduce production, their production volume will decline, and the purchase volume of titanium and iron will not increase, and the shortage of titanium and iron will continue. However, the prices of raw materials for ferrotitanium have recently risen. The cost of production of ferro-titanium increased, the price was raised again yesterday, and the price is stable today. According to industry insiders, the price of ferro-titanium is supported by cost, the price is firm, and the market is relatively stable recently. In the short term, the market price will not be too high. Big change.

The recent strong demand for titanium dioxide, domestic supply tight, the market in short supply, the company started the situation is relatively normal, but due to insufficient supply of raw materials, titanium dioxide production capacity expansion is not smooth enough, the recent tight supply situation will continue. At the same time, due to the recent shortage of domestic titanium concentrates, prices rose one after another, coupled with **, titanium slag market prices have also increased, the cost of titanium dioxide increased, the price of Panzhihua Iron and Steel, led by Long Yao, rose sharply, currently, titanium The price of white powder is firm, and the rally is still continuing. It has effectively promoted the arrival of a new wave of global price increases for titanium dioxide.

It is reported that the international titanium dioxide also intends to raise prices. On November 5, 2010, the DuPont Titanium Dioxide Technology Division announced that it will be valid from December 1, 2010, or according to the contract, all the DuPont titanium dioxide that is sold in Latin America. The net price of metric tons rose by 100 US dollars.

However, the sharp expansion of titanium dioxide production capacity this year has also caused concern among market participants. It is reported that in 2009, the total production capacity of titanium dioxide was 1.5 million tons, which exceeded 2 million tons in 2010, and is expected to exceed 3 million tons in 2015, and the current titanium dioxide The good market is partly due to the paint market picking up. On the one hand, it also benefited from the government's series of economic stimulus policies. Once these economic stimulus policies are suspended and downstream demand is saturated, the rapid expansion of titanium dioxide production capacity may oversupply the market. , The pressure of market competition in the future is still great.

In terms of titanium sponge, the excessively rapid expansion of production capacity in recent years has oversupplyed its market. Recently, its price has continued to rise under the boost of raw materials, but the market turnover is not optimistic. However, there are currently manufacturers that market conditions have Fortunately, the amount of downstream purchases has increased, and transaction prices have also increased.

The oversupply situation in the titanium sponge market will not be significantly improved. The recent increase in its price is mainly due to the increase in its cost. Sponge titanium manufacturers still have limited profitability. At present, **supply tensions have been eased, titanium tetrachloride production has also been guaranteed, the market price will also stabilize recently, and manufacturers also said: “Titanium tetrachloride has risen here.” Raw material price stability, titanium sponge The market will also run smoothly.