Taiwan's naval exercise boosts the titanium market, and the titanium market will be bright in the next five years. US House Speaker Nancy Pelosi visited Taiwan in disregard of China's warnings. The People's Liberation Army launched a large-scale military exercise in the Taiwan Strait to deter Taiwan independence forces and enhance national self-confidence. Since 2016, the application of titanium in the international military field has become more and more extensive. The well-known aviation and aerospace applications have been popularized to common soldier utensils such as kettles and tableware. The proportion of titanium materials used in the military industry has also increased from 6% to more than 18%, this large-scale military exercise and the future trend of the Taiwan Strait have also laid a solid foundation for the military growth of titanium materials in the next five years.
The application of titanium materials in the military industry is mainly reflected in the following aspects:
1. The application in aviation and aerospace in aircraft and missiles;
2. The second is the application in ships;
3. The third is the application in light vehicles;
4. Individual weapons and applications on weapons.
With the progress of our country's titanium industry and the substantial update of equipment level, it can be predicted that the application of titanium materials in the military field will be 20% of the total domestic titanium production this year, and more and more titanium materials will replace traditional metals and play a more important role in the defense industry. In the next five years, the prospect of the titanium industry is still in a period of rapid growth, and the application of titanium materials is infinitely bright.
In July, the domestic and Baoji titanium material markets were relatively stable, and the production of various enterprises was stable, with the output rebounding from the previous June. Industry insiders generally predict that the titanium market will not have major fluctuations in the second half of the year. Although the civilian market has shrunk, the strong pull of the military market will drive the entire industry to stabilize. The current market pattern may continue until October or end of the year.
Titanium raw material market this week
1. Titanium ore market
The mainstream market is strong, the downstream market is sluggish, and the price remains at a high level. The price of 38-grade titanium concentrate is about 1530-1580 yuan/ton, the price of 46-grade 10-grade titanium concentrate is about 2150-2180 yuan/ton, and the price of 47-grade 20-grade titanium concentrate is 2400-2450 yuan/ton.
The price of imported titanium ore was flat, and the Australian titanium ore market price was 460 US dollars / ton, and the Kenmare 50 titanium ore market price was 480 US dollars / ton.
2. Titanium dioxide market
The market continued to plummet, and the price fell again by about 500 to 800 yuan, and the market was weak. The market ex-factory price of rutile titanium dioxide by sulfuric acid method is 16,000-18,000 yuan/ton, and the ex-factory price of anatase type titanium dioxide is 15,000-16,000 yuan/ton.
3. Titanium tetrachloride and liquid chlorine market
This week, titanium tetrachloride has stabilized, and the current market price is 8,500-8,700 yuan/ton.
The phenomenon of liquid chlorine price backwardation has weakened, and the price is -269 yuan / ton.
4. Magnesium metal market
The price of magnesium metal fell slightly, and the quotation was between 22,600 and 23,000 yuan/ton.
Sponge titanium market this week
The external quotation of sponge titanium production enterprises has not changed. The production enterprises adopt a single price strategy, and the actual sales price is lower than the quotation.
Grade 0 Domestic 78,000 to 85,000 yuan / ton
Grade 1 Domestic 76,000-78,000 yuan/ton
Level 2 Domestic 74,000-76,000 yuan/ton
Baoji titanium market
The market price of titanium materials in Baoji also showed a decline, and orders increased compared with last week, but the market did not change much.
TA1 ingot quotation: 86,000 to 89,000 yuan / ton
TA2 ingot quotation: 83,000 to 86,000 yuan / ton
TC4 ingot quotation: 94,000 to 98,000 yuan / ton
TA1EB slab quotation in other areas in China: 93,000 to 95,000 yuan / ton
The price of domestic titanium hot-rolled coil and cold-rolled coil:
Quotation price of black leather roll: 93,000-103,000 yuan/ton
Cold-rolled coil quotation: 120,000 to 130,000 yuan / ton
Hot-rolled sheet (1.5 meters wide) quotation: 105,000 to 113,000 yuan / ton
TA10 (TiMoNi) titanium plate quotation: 140,000 to 145,000 yuan / ton
Quotation of titanium tube blank: 105-110 yuan/kg
Price of finished titanium tube (φ20～30mm): 135～145 yuan/kg
Quotation for finished titanium welded pipe (φ20～30mm): 125～135 yuan/kg
The quotation of finished pure titanium light rod (φ20～40mm): 135～145 yuan/kg
Quotation for finished titanium alloy (TC4) light rod (φ20～40mm): 230～260 yuan/kg
