The international titanium market has been stable recently. The price of European strategic small metal sponge titanium is 9.1 US dollars/kg, the price of titanium iron is 7.47 US dollars/kg of titanium, the price of domestic titanium iron is around yuan/ton ton, and the price of titanium sponge is 05000. -58,000 yuan / ton, a price of yuan / ton.
According to macro news, the NDRC said that it has resolutely suppressed the excess production capacity of autos; In addition, real estate has a tendency to pick up, and real estate policy has tightened again. Beijing Bacheng Bank has already cancelled the interest rate of 30 percent for the first suite, which is now around 8.5 percent.
At the same time, the domestic economic recovery and the flourishing titanium dioxide market have increased the purchase of titanium concentrates. According to statistics, China imported 192,400 tons of titanium ore in July, an increase of 33% from the 144,500 tons imported in June.
In July, China imported the largest amount of titanium ore from Australia, which was approximately 100.7 thousand tons. The import volume was up by 518% from the 68,800 tons in June.
The tightness of the titanium concentrate market has further driven the increase in its price. According to the acquisition of Fubao, the recent domestic titanium concentrate has a rising trend, and the titanium concentrate in Guangdong has been slightly raised.
In addition, the global titanium dioxide market is getting better and better, and the market is in short supply. Coupled with the increase in raw material prices, the increase in logistics costs and the price increase of titanium dioxide have become imperative. Based on this, large international manufacturers have increased their prices. After the September price increase plan was announced, on August 30, Tenova announced that since October 1, 2010, or as permitted by the contract, all titanium dioxide in the Asia Pacific region will have a price increase of US$175 per ton. On September 1, the DuPont Titanium Technologies Division also announced that all titanium dioxide sold in North America (US and Canada) began to increase prices from October 1st, with a price increase of 8 cents per pound.
Driven by the international price increase of titanium dioxide, domestic titanium dioxide suppliers are also planning to increase prices. The market price of titanium dioxide in the near future may rise.
Hongda Anxin Decorative Material Co., Ltd. , http://www.hb-flooring.com