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 domestic titanium dioxide market has been downward this week. The average price of titanium dioxide on Monday was 16366.67 yuan/ton yuan/ton, and on Friday it was 16116.67 yuan/ton, with a price reduction of 1.53%.

2、 Market analysis

This week, the domestic titanium dioxide market is weak and downward. Overall, the international export situation is still good, while the domestic terminal market is weak, and there is a strong wait-and-see sentiment on the market. Especially with the reduction of factory prices by Longqi, market confidence is even more lacking. Overall, the market’s order acceptance situation is still weak, and procurement is cautious, with a focus on just in need purchases. As of now, most domestic sulfuric acid based rutile titanium dioxide quotations range from 15400 to 16900 yuan/ton; The quotation for rutile titanium dioxide is around 14500-15300 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region continues to decline. Downstream titanium dioxide enterprises have a weak market situation, with poor market demand. There is a strong wait-and-see sentiment in the trading of titanium concentrate, and market procurement is cautious. As of now, the tax-free quotation for 38-42 grade titanium ore is around 1520-1550 yuan/ton, the tax-free quotation for 46 grade 10 titanium concentrate is around 2200-2260 yuan/ton, and the quotation for 47 grade 20 titanium concentrate is around 2500-2630 yuan/ton. In the short term, the price of Panxi titanium concentrate may continue to operate weakly and steadily, and the specific actual transaction price will be negotiated separately.

In terms of sulfuric acid, the domestic sulfuric acid market price has remained stable this week. According to data monitoring from Business Society, the average price of sulfuric acid is 247.5 yuan/ton. The downstream demand for sulfuric acid is weak, and the market situation is light. The actual transaction price is mainly negotiated.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that currently, the price of titanium concentrate in Panxi region has fallen, sulfuric acid prices are temporarily stable, raw material support is weak, and downstream market demand continues to be weak. It is expected that in the short term, the focus of the titanium dioxide market will be downward, and the actual transaction price will remain unchanged.