1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the focus of the domestic titanium dioxide market was downward in late November. On November 20th, the average price of titanium dioxide was 17266.67 yuan/ton yuan/ton, and on November 27th, the average price of titanium dioxide was 16650 yuan/ton, with a price reduction of 3.57%.

2、 Market analysis

In late November, the focus of the domestic titanium dioxide market was downward. The domestic terminal market continues to be weak, with limited new orders in the market. There is a strong wait-and-see sentiment on the market, and demand has weakened. The prices of leading manufacturers have been lowered by a thousand yuan, and some manufacturers have followed suit to lower their prices. 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. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region has fluctuated slightly. The low-end prices in the market have slightly increased, and the downstream titanium dioxide enterprises have a mediocre market situation. The market demand is not good, so we are more cautious and cautious in procurement. As of now, the tax-free quotation for grade 38-42 titanium concentrate is around 1460-1480 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2150-2200 yuan/ton, and the tax-free quotation for grade 47 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the market price of titanium concentrate is mainly strong, and the actual transaction price is negotiable.

In terms of sulfuric acid, the domestic sulfuric acid market price has increased. According to data monitoring from Business Society, the average price of sulfuric acid on November 20th was 298 yuan/ton, and on November 27th it was 302 yuan/ton, with a price increase of 1.34%. The upstream sulfur market has recently seen a slight increase, with increased cost support. The downstream hydrofluoric acid market is consolidating at a high level, while the monoammonium phosphate market has recently seen a slight increase. Downstream customers are more enthusiastic about purchasing sulfuric acid.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that currently, the price of titanium concentrate in the Panxi region is strong, with a slight increase in sulfuric acid prices, and upstream raw material support is still acceptable. However, the downstream market is weak, with most enterprises mainly observing and watching. The market trading situation is light, and the market focus is downward. It is expected that the titanium dioxide market will operate weakly and steadily in the short term, and the actual transaction price will remain unchanged.