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Continuous changes in rutile Market

Aug 26. 2019      Source:

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At present, the domestic rutile market is still in an obvious upward cycle. Due to insufficient supply, domestic rutile stock is extremely scarce, especially rutile 95 with low impurities and good grain size, which has been almost out of stock.

At present, the top price of domestic high-quality 95 rutile has reached 10,000 yuan/ton; the price of 90 rutile has also reached 8,500 yuan/ton; compared with the price at the beginning of the year, the price has increased by 15% and 49% respectively. At the end of last year, the news that the new project will be put into operation and the demand for rutile will increase rapidly has been widely known in the market. Both buyers and sellers have prepared themselves for the price rise of rutile 95. The price of 95 rutile has gone from less than 9,000 yuan to 10,000 yuan, which is not an unexpected event, but the increase of 90 rutile price is slightly unexpected.

At the same time, the rutile market in the international market also shows a high demand. ILUKA, the world's largest rutile manufacturer, said its rutile and synthetic rutile production was 164,000 tons in the first half of this year. Sales were limited by production to 169,000 tons, and have now sold out; its sales price is 22% higher than in the first half of 2018. At the same time, the company expects its price will continue to rise by 6-8%in the second half of the year due to the good demand of downstream market.

Thus, it can be seen that in the future, the supply of rutile market is tight, and the situation of strong demand is difficult to change. Downstream enterprises are also eager to see this, how to effectively control production costs has also been put on the agenda. Among them, using high titanium slag to replace rutile partly or completely has become one of the options. 

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