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Ilmenite price tend to increase price

September 7 2017      Source:ruidow

Keywords:ilemnite price

The domestic ilmenite totally output is about 228900tons, decrease 85100tons compare the July of 313000tons.
One of reason is that excepted Panxi areas of Lomon, ansteel and xichang taihe, mostly ilmenite factory was stopped during whole August,the local supply decrease dramatically; on the other hand, the environment checking scale also effected other china major ilmenite produce areas, the shandong, chengde,yunnan hainan areas operating rate is low in August.
After environment checking finished,the local tio2 pigment factory will resume production at 10 th September. Affected this, the port import ilmenite stock decrease dramatically,the domestic ilmenite 46% grasp the chance to increase price to 1700 RBM per ton, the actually turnover price is 1500 RMB per ton,some of even arrive at 1550 RBM per ton.
But the ilmenite produce factory will also to resume to production at mid-September,so it is predicted that make use of chance of supply inventory and hype price will not last long time.
The import ilmenite this week port transaction price still stable, but some of overseas mine have intend to increase price, Vietnam A grade is 210-230 FOB USD per ton; Australia 50% (low P) is 200-210 CIF USD per ton; India 50% 280-290 CIF USD per ton; Ukraine 58% 200-210 USD Per ton; Kenya49% 220-225 USD CIF per ton.

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