1、 Price trend

Titanium dioxide prices fell this week, according to commodity data monitoring. At the beginning of the week, the average price of domestic titanium dioxide was 15733.33 yuan / ton, and at the end of the week, the average price was 15433.33 yuan / ton.

2、 Market analysis

Products: since April, the main force of titanium dioxide in China has been stable, and the factory price of some manufacturers has fallen. Affected by the foreign epidemic situation, the domestic titanium dioxide price entered a weak consolidation stage this week. The price of domestic rutile titanium dioxide is 14000-16300 yuan / ton, that of anatase titanium dioxide is 12500-13000 yuan / ton, and that of chlorination titanium dioxide is 18500-21000 yuan / ton. Affected by the domestic and foreign epidemic situation, the domestic downstream recovery is not as expected, and foreign export orders are seriously hindered. Titanium dioxide market as a whole is weak. The price of raw material titanium ore is high, and the cost pressure of titanium dioxide enterprises is high. The enterprises will reduce the operating rate through adjustment, so as to reduce the comprehensive market supply, reduce the social inventory, and relieve the double pressure of sales and inventory.

Industry chain: prices of some titanium concentrates in Panxi fell this week. Due to the substantial increase in the early operating rate, the market supply is relatively sufficient, and the actual single price of some medium and concentrate suppliers is reduced. In the near future, the demand of the downstream market is poor and the wait-and-see mood is strong. The market operating rate may be lowered. At present, the price of 38 titanium ore is 850-870 yuan / ton, 46, 10 titanium ore is 1400-1470 yuan / ton, 47, 20 titanium ore is 1500-1550 yuan / ton. According to analysts of titanium concentrate of business association, with the reduction of operation rate and the impact of the epidemic, the import supply is tight, and the actual price of the miner is more flexible. In the short term, titanium concentrate is mainly in high-level operation.

3、 Future forecast

Titanium dioxide analyst of business association thinks: affected by the epidemic, titanium dioxide industry exports are blocked, domestic market demand is not as expected, and the current demand market is not optimistic. The price of raw titanium ore is high, and the cost pressure of titanium dioxide enterprises is high. In the short term, the price of titanium dioxide has stabilized, with some manufacturers and brands slightly declining, and the actual operation is dominated by a single negotiation.