1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide, which has a large sales volume in the domestic market, as an example. According to the Commodity Analysis System of Business Society, the market price of titanium dioxide remained stable this week, with an average price of 16650 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market prices are basically stable. Foreign export orders have increased, and the export market remains good. Longqi sent a letter stating that the foreign trade price of titanium dioxide has increased by $100 per ton since January 1, 2024. The trading situation in the domestic titanium dioxide market is relatively light, the market situation is weak, and downstream wait-and-see sentiment is strong, making orders more cautious. The raw material market is at a high level, and titanium dioxide manufacturers are under great pressure. They have delivered more early orders, but new transactions are limited. The market is under pressure, and overall stability is the main focus. As of now, most domestic quotations for rutile type titanium dioxide are between 16000-17600 yuan/ton; The quotation for rutile titanium dioxide is around 14500-15000 yuan/ton.

In terms of titanium concentrate, according to the commodity analysis system of Business Society, the price of titanium concentrate in Panxi region has slightly increased. At present, the overall trading volume in the market is still acceptable, and spot prices are slightly tight. The procurement situation of downstream titanium dioxide is average, and the overall market tends to be strong, with consolidation and operation. As of now, the tax-free quotation for 38-42 grade titanium concentrate is around 1480-1500 yuan/ton, the tax-free quotation for 46 grade 10 titanium concentrate is around 2150-2200 yuan/ton, and the quotation for 47 grade 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the transaction volume in the titanium concentrate market is still good, and the overall market is operating steadily. The actual transaction price is negotiable.

In terms of sulfuric acid, according to the commodity analysis system of Business Society, as of December 11th, the reference price for sulfuric acid is 282 yuan/ton, according to monitoring of bulk commodity data. Compared to December 4th (292 yuan/ton), the price has dropped by 3.42%. The upstream sulfur market has recently experienced a slight decline, weakening cost support. The downstream market for monoammonium phosphate has recently stabilized at a high level, and downstream customers have average enthusiasm for purchasing sulfuric acid.

3、 Future Market Forecast

The titanium dioxide analyst from Business Society believes that the current export situation of titanium dioxide market is good, while the domestic titanium dioxide market is relatively weak. The raw material titanium concentrate market has slightly increased, with sulfuric acid prices falling and raw material support being average. Overall, the market situation is light, with poor trading, and most companies are mainly wait-and-see. It is expected that the titanium dioxide market will remain stable in the short term, and the actual transaction price will remain unchanged.