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 was 15750 yuan/ton on Monday and 15700 yuan/ton on Friday, with a price reduction of 0.32%.

2、 Market analysis

The domestic titanium dioxide market has experienced a slight decline this week. The price of titanium concentrate on raw materials remains weak and stable, while the price of sulfuric acid has declined. At present, there is a strong wait-and-see sentiment in the domestic titanium dioxide market, with light terminal demand and cautious actual orders. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 15000-16300 yuan/ton; The quotation for rutile titanium dioxide is around 14200-14500 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the titanium concentrate market in the Panxi region is operating weakly and steadily. At present, the spot market is generally cold. Downstream titanium dioxide enterprises have a weak market and weak market conditions, with few inquiries for titanium ore, maintaining demand. As of now, the price of 38-42 grade titanium ore without tax is around 1570-1620 yuan/ton, 46 grade 10 titanium concentrate without tax is around 2210-2300 yuan/ton, and 47 grade 20 titanium concentrate is around 2400-2500 yuan/ton. In the short term, the price of Panxi titanium concentrate is mainly stable, and the specific transaction price will be discussed on a case by case basis.

3、 Future forecast

Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market has slightly declined this week, with average trading on the market. The downstream market demand is poor, so we should mainly observe and wait. It is expected that the market will operate weakly and steadily in the short term, and the actual transaction price will be negotiated one by one.