1、 Price trend

Taking the sulfuric acid method rutile type titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by Business Society, the domestic titanium dioxide market price fell this week. The average price of titanium dioxide on Monday was 17266.67 yuan/ton, and on Friday it was 17133.33 yuan/ton, with a price reduction of 0.77%.

2、 Market analysis

The domestic titanium dioxide market prices have fallen this week. The overall trading situation on the domestic exchange is average, with limited new orders and a downward focus on trading on the exchange. Downstream wait-and-see sentiment is strong, demand is weakening, and procurement is cautious. The export market has performed well. As of now, domestic prices for rutile type titanium dioxide are mostly between 16700 and 18300 yuan/ton; The quotation for rutile titanium dioxide is around 15500 yuan/ton. The actual transaction price is negotiable.

In terms of titanium concentrate, the focus of the titanium concentrate market in Panxi region has slightly declined this week. There is a strong wait-and-see sentiment in the market, and there is significant cost pressure in the downstream titanium dioxide market. Purchasing is cautious, and the prices of high priced goods on the market have slightly adjusted downwards. As of now, the tax-free quotation for grade 38-42 titanium ore is around 1600-1650 yuan/ton, the tax-free quotation for grade 46 10 titanium concentrate is around 2300 yuan/ton, and the tax-free quotation for grade 47 20 titanium concentrate is around 2350-2480 yuan/ton. In the short term, the market price of titanium concentrate is temporarily stable, and the actual transaction price is negotiable.

In terms of sulfuric acid, the domestic sulfuric acid market prices have remained stagnant this week. According to data monitoring from Business Society, the average price of sulfuric acid this week was 328.75 yuan/ton. The market price of sulfuric acid has been stable recently, and the actual transaction price is mainly negotiated.

3、 Future Market Forecast

Business Society Titanium Dioxide Analyst believes that currently, the price of titanium concentrate in Panxi region has slightly decreased, sulfuric acid prices are temporarily stable, titanium dioxide costs are under pressure, and downstream market demand is weak. It is expected that in the short term, the market situation for titanium dioxide will be mostly wait-and-see, with weak and stable operation as the main focus, and the actual transaction price will be negotiable.