1、 Price trend

Taking sulfuric acid rutile type titanium dioxide, which has a large volume of shipments in the domestic market, as an example, according to commodity data monitoring, the market price of titanium dioxide was basically stable this week. The average price of domestic titanium dioxide is 17116.67 yuan/ton.

2、 Market analysis

This week, the domestic titanium dioxide market was basically stable. Overall, the trading and investment situation in the domestic market is fair, with traders being cautious in picking up their goods and being more wait-and-see. Downstream, they often purchase on demand. Titanium dioxide companies have strong quotations and prices have remained stable. Up to now, most domestic rutile titanium dioxide quotations are between 16000-18500 yuan/ton; The quotation for anatase titanium dioxide is around 14500-15000 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region rose this week. Currently, the spot supply in the market is tight, and downstream titanium dioxide enterprises mainly purchase on demand in the market. Manufacturers have issued more early orders, and miners are clearly reluctant to sell, resulting in stable and upward market prices. Up to now, the quoted price excluding tax for 38-42 grade titanium intermediate ore is around 1500-1550 yuan/ton, the quoted price excluding tax for 46 grade 10 titanium concentrate is around 2180-2280 yuan/ton, and the quoted price for 47 grade 20 titanium concentrate is around 2350-2400 yuan/ton. In the short term, the market price of titanium concentrate is operating at a high level, and the actual transaction price is subject to single negotiation.

In terms of sulfuric acid, the domestic sulfuric acid market price has increased. The price of sulfuric acid increased from 268.33 yuan/ton on Monday to 273.33 yuan/ton on Friday, with a price increase of 1.86%. The upstream sulfur market has recently risen slightly, with good cost support. Downstream hydrofluoric acid market is low and titanium dioxide market is high. Downstream customers have a good enthusiasm for purchasing sulfuric acid.

3、 Aftermarket Forecast

The titanium dioxide analyst from the Business Agency believes that the sulfuric acid market price has increased, and the price of titanium concentrate in Panxi region has increased. The cost support for titanium dioxide is strong, and the current domestic titanium dioxide market trading situation is acceptable. It is expected that titanium dioxide will continue to operate at a high level in the short term, and the actual transaction price will be negotiated separately.