The Epidemic Intensified, The Market Fell, And The Competition Became Increasingly Fierce

Recently, the epidemic situation in Baoji has just improved, and the epidemic situation in Xi'an is intensifying again. The processing, transportation, and collaborative production of factories that carry out supporting processing for Xi'an titanium backbone enterprises have been affected. The repeated outbreak of the epidemic has troubled production companies and has also affected downstream procurement. Near the end of the year, downstream enterprises did not expand their business as in previous years but began to shrink the market, and the market demand for titanium materials decreased compared with previous years.

Looking forward to the titanium market tomorrow, it can be said that several companies are happy and some are worried. The future of the high-end military industry continues to be optimistic, and it is expected to maintain a high growth trend in three to five years. The civil market competition will be extremely fierce. This year, more than 30 sets of large-tonnage vacuum consumable arc melting furnaces, 4 sets of EB melting furnaces, and 4 sets of hydraulic forging machines above 4,000 tons have been newly added in the Baoji area. There will be a lot of excess capacity in smelting capacity and forging capacity, and fierce market competition will be inevitable. On the other hand, the titanium industry is developing in the direction of specialization, technology, and integration, and the survival of the fittest is also an inevitable trend.

This week, the market price of titanium materials in Baoji has been stable, and the number of orders in the market has decreased. The epidemic has exacerbated the difficulties of enterprises, and some enterprises have started price wars, hoping to impact new performance before the end of the year.

This week's titanium raw material market

1. Titanium ore market

The titanium ore market remained stable with firm prices. The price of 38-grade titanium concentrate is about 1360-1400 yuan/ton, the price of 46-grade 10-grade titanium concentrate is about 1950-2000 yuan/ton, and the price of 47-grade 20-grade titanium concentrate is 2300-2400 yuan/ton.

The import market price is firm, the Australian titanium ore market is priced at $460/ton, and the Kenmare 50 titanium ore market is quoted at $480/ton.

2. Titanium dioxide market

The market is mainly weak, and prices are basically stable. The market ex-factory price of rutile titanium dioxide by sulfuric acid method is 14,000-16,000 yuan/ton, and the ex-factory price of anatase type titanium dioxide is 13,000-15,000 yuan/ton.

3. Titanium tetrachloride, liquid chlorine market

Titanium tetrachloride remains stable at a high level, with an offer price of 8300-8500 yuan/ton.

The price of liquid chlorine fell slightly, and the price was 333 yuan/ton.

4. Magnesium metal market

The price of magnesium metal is stable, and the price is around 25,000 to 25,500 yuan/ton.

Sponge titanium market this week

Recently, the domestic titanium sponge price has been stable, and some enterprises have expanded their production capacity. The production capacity of the sponge titanium factory under the Lomon Group has reached 4,000 tons per month. However, due to the influence of downstream market factors recently, the sales of sponge titanium have not been prosperous. All enterprises are eager to impact their performance at the end of the year, and the competition is becoming increasingly fierce.

Grade 0 Domestic 75,000 to 84,000 yuan / ton

Level 1 Domestic 74,000-76,000 yuan/ton

Grade 2 Domestic 72,000-75,000 yuan/ton

3. Baoji titanium market

Affected by the epidemic, the delivery of titanium enterprises has been delayed recently, and the market competition has intensified towards the end of the year, and some enterprises have reduced the sales price of materials.

TA1 ingot quotation: 86,000 to 89,000 yuan / ton

TA2 ingot quotation: 82,000-85,000 yuan / ton

TC4 ingot quotation: 92,000 to 98,000 yuan / ton

TA1EB slab quotation in other areas in China: 95,000 to 98,000 yuan / ton

The price of domestic titanium hot-rolled coil and cold-rolled coil:

Price of black leather roll: 93,000-103,000 yuan/ton

Cold-rolled coil quotation: 115,000 to 128,000 yuan / ton

TA10 (TiMoNi) titanium plate quotation: 140,000 to 145,000 yuan / ton

Quotation for titanium tube blank: 100-107 yuan/kg

Price of finished titanium tube (φ20～30mm): 135～145 yuan/kg

Price of finished titanium welded pipe (φ20～30mm): 125～135 yuan/kg

Price of finished pure titanium light rod (φ20～40mm): 130～145 yuan/kg