According to the sales person in charge of a large domestic titanium tetrachloride production company that due to the continued rise in the prices of liquid chlorine and titanium ore, the raw material costs of titanium tetrachloride companies have increased. At the same time, the downstream titanium dioxide market continues to be brisk, and the operating rate has increased. Under the support of the demand side, the price of titanium tetrachloride has strong upward momentum recently. The person in charge said that the price of titanium tetrachloride may remain stable in the short term.
According to some domestic liquid chlorine companies, the liquid chlorine prices is stable, and prices in Shandong, Henan and Hebei are rising. The maintenance of the equipment have affected the supply. The sales volume of liquid chlorine in Shandong has decreased. The purchasing enthusiasm of the downstream market is weak. The mainstream transaction price of liquid chlorine in tank trucks is 400-600 yuan/ton.
Some heads of titanium mining companies said that due to strong downstream demand and tightening of resources from Sinomine Resource, titanium mining companies are generally reluctant to sell, and subsequent titanium ore prices are likely to rise. As of last Friday, the quoted price of titanium concentrate (TiO2≥46%) in Panzhihua area was adjusted upward, and the mainstream market quotation was 2,280-2,300 yuan/ton.
SMM analysis believes that supported by the rise in raw material prices, the price of titanium tetrachloride rose from a low level, but considering the general enthusiasm of the market to buy goods, the subsequent upward momentum of titanium tetrachloride prices is relatively limited.
