Summary Of The Titanium Ore Market in The First Quarter Of 2022

       1: The price of imported titanium ore continued to rise in the first quarter, with an increase of 5%-10% at the end of the quarter compared to the beginning of the quarter. The return of imported ore from Vietnam was restricted due to policy reasons, and the resources in the Kenyan mining area of Beth Resources were exhausted. Mainstream miners reduced production and imported titanium. The supply of ore is reduced, and the market does not offer quotations for the time being; the high price of imported ore in the first quarter was mainly due to the tight supply of titanium raw materials in the international market, and the strong demand in the domestic downstream market. There has been an increase; international titanium dioxide enterprises have resumed production, the supply of imported titanium ore is further tight, and the market price has also risen.

   2:At present, the domestic transportation of the imported titanium ore market is also restricted. Due to the recent spread of the epidemic in many places, the port control has been tightened, and the Qinzhou processing plant has been affected by the reduction of titanium ore production. The domestic transportation of the port is greatly restricted, and the goods are basically at a standstill. In terms of market form, the impact of titanium ore transportation is still relatively large in the short term, the supply is still tight, and the market price remains high.

Among them, the top three countries in terms of titanium ore import volume from January to February are: Mozambique, Kenya, and Australia, accounting for 54%, 9%, and 6% of the total import volume, respectively.