1、 Price trend
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Taking the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example, the price of titanium dioxide rose this week according to the data of the business club’s bulk list. At the end of last week, the average price of titanium dioxide in China was 15333.33 yuan / ton, and the average price of this week was 15833.33 yuan / ton, and the price rose by 3.26% during the week.
2、 Market analysis
Titanium dioxide prices are up this week. At present, the export market of titanium dioxide keeps a good growth, and the raw material titanium concentrate market is boosting. The domestic spot market is in serious tension, which leads to the rising price market. Up to now, the domestic ex factory price of rutile titanium dioxide is 14800-16500 yuan / ton, and that of anatase titanium dioxide is 12200-14000 yuan / ton.
In October 2020, China’s titanium dioxide output was 322900 tons, an increase of 20700 tons compared with September, a month on month increase of 6.85%, and a year-on-year increase of 17.57%. From January to October, the total output of titanium dioxide was about 2.8392 million tons, an increase of 9.57% over the previous year, an increase of 248000 tons.
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In terms of raw materials, this week, Panzhihua titanium ore quotation was raised, and the price quotation of titanium ore was firm and upward. At present, the price of 38 titanium ore without tax is 1320-1350 yuan / ton, that of 46, 10 titanium ore is 1920-2050 yuan / ton, and that of 20 ore is 1890 yuan / ton. This week panzhikuang price high, downstream wait-and-see sentiment is strong, and spot is still nervous, new single continued to rise slightly. It forms a strong support for the downstream titanium dioxide market.
3、 Future forecast
Business Club titanium dioxide analysts believe: the current export orders of enterprises perform well. The main manufacturers and distributors hold foreign trade orders in December, so the pressure of shipment is not big. Domestic spot shortage, raw material titanium ore price high. It is expected that in the short term, the titanium dioxide market will mainly operate at a high level.
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