Monthly Titanium Market Report Aug 2019
2019-09-17 17:59:28 【Print】
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1. Market Highlight
In August, as downstream titanium dioxide market saw more demand, Panzhihua-based ilmenite price rose slightly. Prices for high titanium slag rose due to the tight supply . Titanium tetrachloride prices declined as the supply of the material increased, which eased the situation of tight supply . Titanium sponge prices were stable with stable transactions . Supported by the high prices of raw material titanium sponge, titanium mill product prices moved up a bit.
In August, titanium dioxide market saw more demand in China, downstream consumers purchased more materials, so prices for the material increased a bit. Titanium dioxide EXW prices rose, with export volume of the material was stable YOY.
As for ferrotitanium, prices for Chinese high grade ferronickel went up due to the rising prices of raw material titanium scrap; although downstream industry entered off season, prices for low grade ferronickel stood stable as raw material ilmenite prices went up. European ferrotitanium prices moved down; export prices of high grade ferronickel from Russian market decreased, with shrinking downstream demand.
In August, as downstream titanium dioxide market saw more demand, Panzhihua-based ilmenite price rose slightly. Prices for high titanium slag rose due to the tight supply . Titanium tetrachloride prices declined as the supply of the material increased, which eased the situation of tight supply . Titanium sponge prices were stable with stable transactions . Supported by the high prices of raw material titanium sponge, titanium mill product prices moved up a bit.
In August, titanium dioxide market saw more demand in China, downstream consumers purchased more materials, so prices for the material increased a bit. Titanium dioxide EXW prices rose, with export volume of the material was stable YOY.
As for ferrotitanium, prices for Chinese high grade ferronickel went up due to the rising prices of raw material titanium scrap; although downstream industry entered off season, prices for low grade ferronickel stood stable as raw material ilmenite prices went up. European ferrotitanium prices moved down; export prices of high grade ferronickel from Russian market decreased, with shrinking downstream demand.