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In terms of imported titanium ore, due to the current high inventory of spot stocks in the port, the price increase is extremely difficult. It is expected that after the official announcement of the large-scale mine in Panxi, the imported titanium ore market will stabilize and stabilize, but the possibility of rebound is small.
From the current situation, the price of titanium ore is mainly determined by the performance of the titanium dioxide market. At present, the demand for domestic titanium dioxide is not warm, and there is no obvious improvement in Jinjiuyin 10, which is consistent with the previous forecast that the peak season is not prosperous. At present, the main driving force in the titanium dioxide market comes from the improvement of the export market. However, the titanium dioxide enterprises that can be divided into export markets are relatively limited. In addition, the domestic titanium dioxide production in August and September is relatively high. It is unlikely that the full-line price increase will occur in the titanium dioxide market in October. Therefore, the titanium ore market in October will remain stable, and some miners can raise prices slightly.
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The impact of titanium dioxide price adjustment on the titanium ore market has not yet been reflected
At the end of September, a number of domestic titanium dioxide companies announced that they would increase the price of titanium dioxide. Affected by this, the domestic titanium mining enterprises in Panzhihua area are also eager to try, hoping to boost the market. It is understood that large titanium mine enterprises in Panxi area have a stronger willingness to raise prices. According to mining companies, the current supply and demand of titanium ore is stable, and the company plans to raise the price of titanium ore after the 11th. According to the procurement company, the company has received a notice that the mine is about to increase, but since the downstream market has not really improved, the price increase may be limited. In addition, the small miners in the Panxi area have sufficient output and it is yet to be seen whether the price will go up.