The outbreak of COVID-19 in Xi'an has impacted titanium companies in Xi'an and Baoji, and the closure of Xi'an has affected the production of companies such as Northwest Institute, Western Materials, and Western Superconductors. Contract delivery is at risk of delays. Because Baoji is close to Xi'an, some of the heads of enterprises have been isolated in Xi'an, which has a certain impact on business operations. At the same time, as Xi'an is an important foreign trade and transportation hub in the Northwest region, the foreign trade and part of the freight of Baoji titanium companies must pass through here, and the product delivery will be affected to a certain extent. This week, the domestic sales of titanium sponge and titanium materials have increased. It is expected that the market price of titanium materials will steadily drop before the year, the inventory level will be reduced, and the market will be stable.
Titanium Raw Material Market This Week
Titanium Ore Market
This week, the titanium ore market basically rose steadily and slightly, and the market has a positive trend. The price of titanium concentrate above 38 grade is about 1430~1500 yuan/ton, the price of 46 grade 10 titanium concentrate is 2130~2200 yuan/ton, and the price of 47 grade 20 titanium concentrate is 2500~2550 yuan/ton. The supply of the international titanium raw material market is still tight, foreign titanium dioxide companies resume production, and imported titanium ore remains tight.
Titanium Dioxide Market
This week, the titanium dioxide market is good. Due to price increases, downstream inquiries have increased. At the end of the month and next month, some manufacturers have maintenance plans, and the market is under-started. The market ex-factory price of sulfuric acid rutile titanium dioxide is 18,700-21,000 yuan/ton, and the market ex-factory price of anatase titanium dioxide is 17,500-19,000 yuan/ton.
Titanium Tetrachloride and Liquid Chlorine Market
This week, the price of titanium tetrachloride moved steadily at a high level. The market price is around 7700-8200 yuan/ton.
The market price of liquid chlorine is stable at 1374 yuan/ton.
Magnesium Metal Market
This week, magnesium metal soared 12.1% in a single day, the price returned to 50,000 yuan/ton, and the price was 49,900 to 50,000 yuan/ton.
Baoji Titanium Market
The closure of Xi'an has affected the production of companies such as Northwest Research Institute, Western Materials, and Western Superconductors, and the contract delivery faces the risk of delays. Baoji Titanium Corporation's foreign trade and part of its freight have to pass through here, and product shipments are affected. The epidemic disrupted the production pace of enterprises, reduced production capacity, and substantially extended delivery time. It is expected that the market price of titanium materials will steadily decline before the year, the inventory level will be reduced, and the market will be stable.
Quotation of TA1 ingot: 85,000～89,000 yuan/ton;
Quotation of TA2 ingots: 8.3～86,000 yuan/ton;
Quotation of TC4 ingot: 93,000 ~ 97,000 yuan/ton;
Quotation of TA1EB slabs from other regions in China: 96,000 to 97,000 yuan/ton.
The price of domestic titanium hot-rolled coil and cold-rolled coil:
Price of black leather roll: 9.8～105,000 yuan/ton
Quotation of cold rolled coil: 12.4-130 thousand yuan/ton
Price of hot rolled plate (1.5 meters wide): 10.6～109,000 yuan/ton
Price of titanium tube billet: 105～110 yuan/kg
Finished titanium tube (φ20～30mm) Price: 145～155 yuan/kg
Price of finished pure titanium light rod (φ20～40mm): 145～155 yuan/kg
Price of finished titanium alloy (TC4) light rod (φ20～40mm): 260～280 yuan/kg
Post time: Dec-27-2021