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 18866.67 yuan / ton, and this Thursday, the average price was 18066.67 yuan / ton, with a decrease of 4.24% in the week.

2、 Market analysis

The domestic titanium dioxide market price continued to decline this week. The domestic titanium dioxide market is relatively light, the market is weak and downward, and the downstream wait-and-see mood is strong. We are cautious in receiving orders and purchase on demand. Titanium dioxide manufacturers have great inventory pressure, and the ex factory price continues to decline. Up to now, the quotation of rutile titanium dioxide in China is between 16500-19500 yuan / ton; The quotation of anatase titanium dioxide is between 15000-17000 yuan / ton.

In terms of titanium concentrate, the price of titanium concentrate in Panxi region decreased slightly this week. Downstream buyers are under great pressure, mainly on the sidelines, and the actual transaction situation is general. Small and medium-sized miners are under great pressure. Most enterprises are mainly supporting prices, and the overall market is weak. 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 2150-2220 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 domestic mainstream 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 748 yuan / ton last Thursday to 612 yuan / ton this Thursday, with a reduction of 18.18%. 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 believed that the domestic titanium dioxide market price continued to decline this week, the domestic market demand was weak and declining, and the atmosphere on the floor was cold. The raw titanium concentrate market is weak, the price of sulfuric acid has fallen sharply, and the cost support is 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.