1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the focus of the domestic titanium dioxide market has shifted downwards this week. The average price of titanium dioxide on Monday was 17133.33 yuan/ton yuan/ton, and on Friday it was 16466.67 yuan/ton, with a price reduction of 3.89%.

2、 Market analysis

This week, the focus of the domestic titanium dioxide market has been downward. Overall, the international export situation is still good, while the domestic terminal market is weak, and there is a strong wait-and-see sentiment on the market. Overall, the market acceptance situation is still weak, with cautious procurement and a focus on just in need purchases. As of now, most domestic sulfuric acid based rutile titanium dioxide quotations are between 16000-17500 yuan/ton; The quotation for rutile titanium dioxide is around 14500-15300 yuan/ton; The quoted price for chlorinated titanium dioxide is 19200 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the market price of titanium concentrate in the Panxi region has slightly declined. Downstream titanium dioxide enterprises have a weak market situation, with poor market demand. There is a strong wait-and-see sentiment in the trading of titanium concentrate, and market procurement is cautious. As of now, the tax-free quotation for 38-42 grade titanium ore is around 1550-1580 yuan/ton, the tax-free quotation for 46 grade 10 titanium concentrate is around 2240-2260 yuan/ton, and the quotation for 47 grade 20 titanium concentrate is around 2500-2630 yuan/ton. In the short term, the price of Panxi titanium concentrate may continue to operate weakly and steadily, and the specific actual transaction price will be negotiated separately.

In terms of sulfuric acid, the domestic sulfuric acid market price has remained stable this week. According to data monitoring from Business Society, the average price of sulfuric acid is 242.5 yuan/ton. The downstream demand for sulfuric acid is weak, and the market situation is light. The actual transaction price is mainly negotiated.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that currently, the price of titanium concentrate in Panxi region has slightly declined, sulfuric acid prices are temporarily stable, raw material support is average, and downstream market demand is weak. It is expected that in the short term, the market situation for titanium dioxide will be mostly wait-and-see, with weak and stable operation as the main focus, and the actual transaction price will be negotiable.