1、 Price trend

According to commodity data monitoring, titanium dioxide prices fell this week. Last week, the average price of titanium dioxide in the four countries was 20083.33 yuan / ton, and this Thursday, the average price was 19000 yuan / ton, with a decrease of 5.39% in the week.

2、 Market analysis

The domestic titanium dioxide market price continued to decline this week. On the whole, the export market is OK. Domestic titanium dioxide is in the off-season, the market trading is relatively light, the market is weak, and the downstream wait-and-see mood is strong. Purchase on demand and take it with you. Titanium dioxide manufacturers have great inventory pressure, and the ex factory price has been reduced. Up to now, the quotation of rutile titanium dioxide in China is between 17800-20000 yuan / ton; The quotation of anatase titanium dioxide is between 16500-18500 yuan / ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region was strong this week. The titanium market is OK, the market supply is tight, and the inquiry is general. Small and medium-sized miners are under great pressure, and their quotations are firm and stable. Up to now, the quotation excluding tax of 38-42 grade titanium ore is about 1530-1580 yuan / ton, the quotation excluding tax of 46 grade 10 titanium ore is about 2220-2280 yuan / ton, and the quotation of 47 grade 20 ore is about 2400-2450 yuan / ton. In the short term, the market price of titanium concentrate remains strong, and the transaction price of the actual order is negotiated.

In terms of sulfuric acid, the prices of mainstream domestic sulfuric acid manufacturers fell this week. According to the monitoring of bulk commodity data, the domestic sulfuric acid market price fell this week, and the quotation was reduced from 970 yuan / ton last Thursday to 922 yuan / ton this Thursday, with a reduction rate of 4.95%. The upstream sulfur market has fallen sharply recently, and the cost support is insufficient. Downstream hydrofluoric acid, titanium dioxide, ammonium sulfate market fell slightly, downstream customers’ enthusiasm for sulfuric acid procurement is general.

3、 Aftermarket forecast

Titanium dioxide analysts at business club believe that the domestic titanium dioxide market price continues to decline this week, the domestic market is cold, and the downstream demand is light. The price of raw titanium concentrate was relatively deadlocked, the price of sulfuric acid fell, and the cost support was weak. It is expected that the titanium dioxide market will be dominated by weak and stable operation in the short term, and the actual transaction price will be negotiated.