Product Name: Titanium Dioxide
Latest price on December 18th: 14960 yuan/ton
Analysis points: The titanium dioxide market had light trading on December 18th. Recently, the titanium concentrate market has maintained consolidation, and the sulfuric acid market price has temporarily stabilized. Currently, the cost pressure on titanium dioxide enterprises remains, and manufacturers’ quotations are mostly firm. The demand for upstream and downstream factories is mainly driven by urgent procurement, with a general willingness to stock up before the holiday and insufficient performance. The market is deadlocked and mostly wait-and-see. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 14000-15700 yuan/ton; The quotation for rutile titanium dioxide is around 13000-13200 yuan/ton. The actual transaction price is negotiable.
Prediction: The titanium dioxide market is expected to stabilize and operate in the short term.
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