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 consolidated at a high level. Overall, the domestic market has a good trading situation and low market inventory. Some manufacturers have temporarily closed orders, and enterprises have a large number of orders in hand, resulting in significant reluctance to sell, and strong market quotations. 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. At present, the spot supply of titanium concentrate market is tight, and enterprises often deliver preliminary orders. The order in hand has been scheduled until next month. Miners are obviously reluctant to sell, and they are more wait-and-see, with stable and upward prices on the market. Up to now, the quoted price excluding tax for 38-42 grade titanium intermediate ore is around 1520-1550 yuan/ton, the quoted price excluding tax for 46 grade 10 titanium concentrate is around 2180-2300 yuan/ton, and the quoted price for 47 grade 20 titanium concentrate is around 2350-2450 yuan/ton. In the short term, the price of titanium concentrate is relatively strong in the short term, and the actual transaction price is subject to single negotiation.

In terms of sulfuric acid, the domestic sulfuric acid market price has been lowered. The price of sulfuric acid was lowered from 268.33 yuan/ton on Monday to 255 yuan/ton on Friday, with a price increase of 4.97%. The upstream sulfur market has recently declined slightly, with average cost support. Downstream hydrofluoric acid market is low and titanium dioxide market is high. Downstream customers have a general enthusiasm for purchasing sulfuric acid.

3、 Aftermarket Forecast

Titanium dioxide analysts from the Business Agency believe that the sulfuric acid market price has been lowered and the price of titanium concentrate in Panxi region has been increased. The cost support for titanium dioxide is acceptable. Currently, the domestic titanium dioxide market has a good trading situation and low market inventory. 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.