1、 Price trend

Take the rutile titanium dioxide produced by sulfuric acid process with large sales volume in the domestic market as an example. According to the bulk list data of the business community, the price of titanium dioxide was basically stable this week, with the average price of domestic titanium dioxide at 16350 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market price was weak and stable this week. At present, the domestic titanium dioxide market has a general delivery situation, and the downstream just needs to purchase and replenish properly. The manufacturer’s inventory pressure is high, and the market is stabilizing as a whole. Up to now, most domestic rutile titanium dioxide quotations are between 15500-17000 yuan/ton; The quotation of anatase titanium dioxide is between 14500-15500 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panzhihua Xichang will be lowered this week. The overall trading and investment in the market is light, the downstream titanium dioxide market is not good, and the pressure on purchasers is high. Small and medium-sized miners are under great pressure, and the overall market is weak. Up to now, the quotation excluding tax of 38-42 grade titanium ore is about 1420-1450 yuan/ton, the quotation excluding tax of 46 grade 10 grade titanium ore is about 2040-2100 yuan/ton, and the quotation of 47 grade 20 grade titanium ore is about 2300-2400 yuan/ton. In the short term, there are few deals in the titanium concentrate market, and the overall market is weak. The actual transaction price is discussed separately.

In terms of sulfuric acid, the price of domestic sulfuric acid market fell this week, from 238 yuan/ton at the end of last week to 228 yuan/ton at the end of this week, down 4.2%. The upstream sulfur market has been consolidated at a low level recently, with average cost support. Downstream markets of hydrofluoric acid, titanium dioxide and ammonium sulfate declined slightly, and downstream customers were not enthusiastic about purchasing sulfuric acid.

3、 Future market forecast

According to the titanium dioxide analysts of the business agency, the price of the domestic titanium dioxide market was lowered this week, the domestic market demand was light, and the atmosphere on the market was weak. The market of raw titanium concentrate is weak, the price of sulfuric acid drops, and the cost support is weak. The downstream real estate industry performed poorly, and the market recovery was less than expected. It is expected that the titanium dioxide market will be dominated by weak and stable operation in the short term, and the actual transaction price will be discussed separately.