1、 Price trend
Taking the sulfuric acid method rutile type titanium dioxide, which has a large volume of sales in the domestic market, as an example, according to data monitoring by Business Society, the market price of titanium dioxide was relatively stable this week. The average price of domestic titanium dioxide is 17300 yuan/ton yuan/ton.
2、 Market analysis
The domestic titanium dioxide market is relatively stable this week. Overall, the situation of foreign trade orders is acceptable, while the domestic terminal market is average, and manufacturers mainly place preliminary orders. At present, new orders have limited transaction volume, and there is a strong wait-and-see sentiment in the market, resulting in a decrease in demand. As of now, most domestic quotations for rutile titanium dioxide are between 16700-18600 yuan/ton; The quotation for anatase titanium dioxide is around 15500 yuan/ton; The quotation for chlorinated titanium dioxide is around 19600 yuan/ton. The actual transaction price is negotiated separately.
In terms of titanium concentrate, the market price of titanium concentrate in Panxi region has slightly decreased this week. The market situation of downstream titanium dioxide enterprises is average, and market demand has declined. Procurement is mainly for immediate needs, so be cautious and wait and see. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1550-1600 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2220-2260 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the market price of titanium concentrate is temporarily stable and the actual transaction price is negotiable.
In terms of sulfuric acid, the domestic sulfuric acid market price has been lowered this week. According to data monitoring from Business Society, the average price of sulfuric acid was 306 yuan/ton last Thursday, and 298 yuan/ton this Thursday, with a price reduction of 2.61%. The upstream sulfur market has recently experienced a slight decline, with insufficient cost support. The downstream market for hydrofluoric acid and titanium dioxide has stabilized at a high level, and downstream customers have average enthusiasm for purchasing sulfuric acid.
3、 Future Market Forecast
Business Society titanium dioxide analysts believe that the sulfuric acid market price has decreased, and the price of titanium concentrate in the Panxi region has slightly decreased, resulting in weak cost support for titanium dioxide. Downstream market demand is light, and purchasing is cautious. It is expected that the titanium dioxide market will operate weakly in the short term, and the actual transaction price will be negotiated separately.
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