1、 Price trend

According to the monitoring of bulk commodity data, the market price of titanium dioxide is basically stable this week. The average price of domestic titanium dioxide is 15,933.33 yuan/ton.

2、 Market analysis

The market price of titanium dioxide is basically stable this week. The domestic titanium dioxide market is light, and the downstream market demand is average. The traders are more cautious in taking the goods and wait and see. Foreign export orders increased and the export market remained good. The raw material market is at a high level, and the titanium dioxide manufacturers are under great pressure. More early orders are delivered, and new orders are limited, so the market is under pressure. On the whole, the market is dominated by stability maintenance. Up to now, most domestic rutile titanium dioxide quotations are between 15000-17500 yuan/ton; The quotation of anatase titanium dioxide is about 14000-14500 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi is basically stable. At present, the overall market transaction is fair. The procurement of titanium dioxide in the downstream is general, and the overall market is relatively strong. Up to now, the quotation excluding tax of 38-42 grade titanium middling ore is about 1420-1450 yuan/ton, the quotation excluding tax of 46 grade 10 titanium concentrate is about 2080-2150 yuan/ton, and the quotation of 47 grade 20 titanium concentrate is about 2300-2400 yuan/ton. In the short term, the transaction of titanium concentrate market is fair, and the overall market operation is relatively strong, maintaining a strong trend. The actual transaction price shall be negotiated separately.

In terms of sulfuric acid, the domestic sulfuric acid market price rose this week. The price of sulfuric acid decreased from 303.33 yuan/ton at the beginning of last year to 313.33 yuan/ton on Thursday, with a rise of 3.3%. The upstream sulfur market has risen slightly recently, with good cost support. The downstream hydrofluoric acid market rose slightly, the titanium dioxide market was consolidated at a low level, and the downstream customers were generally motivated to purchase sulfuric acid.

3、 Future market forecast

According to the titanium dioxide analysts of the Business Club, the price of sulfuric acid market rose this week, and the price of titanium concentrate in Panzhihua Xichang was consolidated at a high level. The cost of titanium dioxide is acceptable. At present, the domestic titanium dioxide market demand is light, and the manufacturer’s shipping pressure remains unchanged. Traders and downstream users are mainly wait-and-see and cautious in taking goods. It is expected that the price of titanium dioxide will be stable in the short term, and the actual transaction price will be discussed separately.