Market summary of high titanium slag, titanium tetracloride and titanium sponge in the first quarter of 2022

Price analysis High slag market continues the rising momentum in 2021, and the market price rose steadily in the first quarter. Taking the bidding price of high titanium slag in Jinzhou enterprises as an example, the market price rose from 9000 yuan / ton at the beginning of the quarter to 9200 yuan / ton, with the price increase of 2%.Affected by the sharp price increase of raw materials, high titanium slag market prices have also gradually increased.At the end of March, the bidding price of 90% general slag was 9,900 yuan / ton, up 700 yuan / ton compared with last month. At present, the transportation cost in Liaoning region has increased significantly, and the cost of high slag has increased.

Price analysis into 2022 titanium tetrachloride market price collective upward, January to February titanium tetrachloride market transaction price in 8000-8300 yuan / ton, raw materials high price, titanium tetrachloride cost high, the downstream titanium sponge market in March, the enterprise collective price increase in 300-500-yuan / ton; up to now, titanium tetrachloride market price in 8500 yuan / ton.By the raw material price is too high, Hebei region titanium tetrachloride enterprises stop production, the market temporarily does not offer.

Price analysis since September 2021, sponge titanium prices rose sharply, market prices remain stable, high offer downstream market acceptance is not high, titanium sponge actual price is low, January-February market level sponge titanium price more in 68-72000 yuan / ton, with the downstream enterprise inventory digestion, sponge titanium market inquiries in late February, combined with half process enterprises, more sponge titanium market supply in tight situation, market price collective increase, up to 72-75000 yuan / ton.

According to the statistics of Tu Duo Duo, the January to February production of titanium sponge in 2022 was 21,400 tons, compared with 23,500 tons in the same period last year, the output decreased by about 2,100 tons, or about 8.74%.Semi-process enterprises have not started, and the market supply is insufficient.

According to customs data, China's cumulative import volume of titanium sponge from January to February 2022 was 2,763 tons, 1,338 tons compared with the same period last year, with the import increase of 106.48%, an increase of about 1,425 tons.

Titanium sponge imports are mainly from Japan, Kazakhstan and Ukraine, accounting for 52%, 24% and 24%, respectively.

From January to February 2022, China's titanium sponge export volume was 67 tons, and 126 tons compared with the same period last year. The export volume decreased by 46.55%, and the export volume decreased by about 58.47 tons.

Titanium sponge import countries are mainly Spain, Peru and South Korea, accounting for 90%, 9% and 1% of the total exports, respectively.

The market forecast that some semi-process enterprises will gradually resume production, manufacturers have raw material reserves, and the market will increase. Due to the difficulties of titanium sponge transportation in Liaoning and the market supply is tight, the market price of titanium sponge is expected to be stable in the second quarter.