1、 Price trend

Take the sulfuric acid rutile titanium dioxide 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 is relatively stable this week. The average price of domestic titanium dioxide is 15516.67 yuan/ton.

2、 Market analysis

The domestic titanium dioxide market is relatively stable this week. Overall, the international market performed moderately, while the domestic market performed moderately, with slightly improved trading conditions. The overall market demand has recovered, with appropriate downstream stocking and procurement on demand. Up to now, most domestic Rutile titanium dioxide quotations are between 14500-16600 yuan/ton; The quotation for anatase titanium dioxide is around 13000-13500 yuan/ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region has slightly increased this week. At present, the titanium concentrate market is tight and the transaction price is upward. The titanium ore market is currently under construction, and the quotation is firm, with some quotations increasing. Downstream titanium dioxide enterprises are under high pressure due to cost considerations, and their procurement is mostly wait-and-see and cautious. Overall, the titanium ore market is relatively stagnant. As of now, the tax-free quotation for grade 38 42 titanium ore is around 1400-1500 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2100-2160 yuan/ton, and the quotation for grade 47 20 titanium concentrate is around 2300-2350 yuan/ton. In the short term, the market price of titanium concentrate is strong and the actual transaction price is negotiable.

In terms of sulfuric acid, the prices of mainstream domestic sulfuric acid manufacturers have fallen this week. According to monitoring of commodity data, the domestic sulfuric acid market prices have fallen this week, and the quotation has been lowered from 162 yuan/ton on Monday to 152 yuan/ton on Friday, with a decrease of 6.17%. Although the upstream sulfur market has slightly increased, cost support is good. However, the downstream titanium dioxide and hydrofluoric acid markets have stabilized at a low level, and downstream customers’ enthusiasm for purchasing sulfuric acid has weakened. Under the contradiction between supply and demand, the product trend has declined. Business Society sulfuric acid analysts believe that in the short term, the domestic sulfuric acid market is mainly affected by various factors such as supply and demand and raw materials, and the sulfuric acid market price may fluctuate and decline slightly.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that the sulfuric acid market price has fallen, the price of titanium concentrate in Panxi region has increased, and the cost support for titanium dioxide powder is still acceptable. The downstream end market has slightly improved, and the market’s demand for titanium dioxide has rebounded. It is expected that the titanium dioxide market will remain stable and improve in the short term, and the actual transaction price will remain unchanged.