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 monitoring of bulk commodity data, the market price of titanium dioxide fell this month. At the beginning of the month, the average price of domestic titanium dioxide was 17500 yuan/ton, and at the end of the month, the average price was 16350 yuan/ton. The price decreased within the month by 6.57%.

2、 Market analysis

The market price of titanium dioxide will be lowered this month. The domestic titanium dioxide market has a light trading situation and a strong wait-and-see mood. The overall market of titanium dioxide is weak and downward, with poor downstream demand and limited buying enthusiasm. The traders are more cautious in taking the goods and wait and see. 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 region decreased this month. The overall trading and investment in the market is light, the downstream titanium dioxide market is poor, and the procurement is cautious. Small and medium-sized miners are under great pressure, and the overall market is weak and stable. 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, the titanium concentrate market has few transactions, and the overall market is weak. The actual transaction price is discussed separately.

In terms of sulfuric acid, the domestic sulfuric acid market price fell first and then rose this month, with the overall price rising slightly. The sulfuric acid price rose from 252 yuan/ton at the beginning of the month to 258 yuan/ton at the end of the month, with a slight increase of 2.38%. The upstream sulfur market has risen slightly recently, and the cost support has been strengthened. Downstream markets of hydrofluoric acid, titanium dioxide and ammonium sulfate were consolidated at a low level, and downstream customers were generally motivated to purchase sulfuric acid.

3、 Future market forecast

The titanium dioxide analysts of the Business Club believed that the titanium ore market price fell slightly in a row this month, while the sulfuric acid market price fell first and then rose, and the cost support was weak. At present, the domestic titanium dioxide market demand continues to be sluggish, and the manufacturers have great inventory pressure. 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.