1、 Price trend

Take sulfuric acid rutile titanium dioxide, which has a large volume in domestic market, as an example. According to the data of the business club, the price of titanium dioxide rose this week. The average price of domestic titanium dioxide was 18066.67 yuan / ton last Friday, and 19333.33 yuan / ton this Friday. The price rose by 7.01% in the week.

2、 Market analysis

Since March, titanium dioxide price increase letters have been issued both at home and abroad, including chemours, isk, tronox and Venator, which successively announced an increase of US $200 / T in the Asia Pacific region; more than 20 domestic manufacturers, such as CITIC titanium industry, anada, CNNC titanium dioxide and longmang Bailian Group, announced a concentrated increase, with an overall increase range of 800-1500 yuan / T. At present, the foreign trade export market is favorable, and some enterprises have received orders until May. Supply side producers and dealers are still tight spot, raw material titanium concentrate prices high. Titanium dioxide market confidence is good, market prices rise. Up to now, the price of rutile titanium dioxide with tax is 18800-19600 yuan / ton, and that of anatase titanium dioxide with tax is 15500-18000 yuan / ton.

According to customs data, in December 2020, China’s import of titanium dioxide was about 16500 tons, a year-on-year decrease of 3.79% and a month on month increase of 2.73%. From January to December in 2020, the cumulative import is about 172400 tons, with a year-on-year growth of 2.85%.

In December 2020, China’s titanium dioxide export was 102000 tons, up 1.26% year on year and down 9.13% month on month. From January to December, the total export was about 1214800 tons, up 21.06% year on year.

In terms of raw materials, the price of titanium concentrate in Panxi region was strong and upward this week. Large scale miners rose, Panzhihua Iron and Steel Co. recycled titanium ore, small and medium-sized titanium ore supply was tight, miners were reluctant to sell, and the price of new orders went up. Up to now, the price of 46,10 titanium ore is 2130-2200 yuan / ton; 47,20 titanium ore is 2200 yuan / ton; 38,42 titanium ore is 1420-1450 yuan / ton without tax. In the short term, the price will continue to be high, which is a single issue.

3、 Future forecast

Business agency titanium dioxide analysts believe that: at present, titanium dioxide enterprises export orders perform well, domestic spot is relatively tight. The price of raw material titanium ore is high, the cost support is strong, and the market confidence of titanium dioxide is good. It is expected that in the short term, the titanium dioxide market will mainly run at a high level, and the actual transaction will be discussed in a single way.