1、 Price trend
Taking the sulfuric acid method gold red stone titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the average price of titanium dioxide in the domestic market this week was 15816.67 yuan/ton, and the market is temporarily stable.
2、 Market analysis
The domestic titanium dioxide market is temporarily stable this week. The price of titanium concentrate on the raw material remained stable at a high level, while the price of sulfuric acid increased slightly. The production cost pressure of titanium dioxide is still significant due to the influence of raw materials. This week, the manufacturer’s quotation is mainly stable, while the trader’s quotation is relatively flexible. The overall trading situation in the market is light, with limited new transactions. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15400-16300 yuan/ton; The quotation for rutile titanium dioxide is around 14200-15000 yuan/ton. The actual transaction price is negotiable.
In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region is currently stable. At present, the spot prices in the market are relatively stagnant, and the price of titanium ore is running at a high level. Downstream titanium dioxide enterprises are generally in the market, and they are more cautious about titanium concentrate, with a focus on urgent needs and cautious procurement. As of now, the price of 38-42 grade titanium ore without tax is around 1620-1650 yuan/ton, the price of 46 grade 10 titanium concentrate without tax is around 2280-2300 yuan/ton, and the price of 47 grade 20 titanium concentrate without tax is around 2400-2500 yuan/ton. In the short term, the price of Panxi titanium concentrate continues to operate at a high level, and the specific transaction price will be discussed on a case by case basis.
3、 Future forecast
The titanium dioxide analyst from Shengyi Society believes that the domestic titanium dioxide market is basically stable this week, and trading on the market is relatively flexible. This week, the price of titanium concentrate has been running at a high level, while the price of sulfuric acid has slightly increased, putting pressure on the cost of titanium dioxide. Downstream market demand is light, so we should be cautious and cautious in trading. It is expected that the market will remain stable in the short term, with actual transaction prices subject to negotiation.
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